Regulatory Alerts2015-01-01
Bank of Zambia Interbank Foreign Exchange Market Rules (Circular No 12/2015)
The Bank of Zambia issued Circular No 12/2015 to enforce Interbank Foreign Exchange Market rules following recent market pressures and instances of non-compliance. Commercial banks must submit printed copies of all Reuters Dealing messages executed between 31 August and 3 September 2015 to the Financial Markets Department. These submissions are due by 09:30 hours on Friday, 4 September 2015, to verify trader adherence and restore market orderliness.
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