The central bank is working to keep the public alert on forex trading scams to prevent them from falling victim, she said. According to the central bank, youth can open bank accounts if they meet the banks' age criteria. The regulator has asked all banks to closely monitor the financial transactions of youth customers because they are viewed as a group susceptible to scammers. If banks find any suspicious transactions in the accounts, they are requested to take swift action, said the central bank. He said the ministry will forward this list to the central bank and SEC to check if they are licensed operators.
