Regulatory Alerts2020-04-09
Central Bank of Seychelles Temporary Closure Directive for Bureaux de Change
The Central Bank of Seychelles has mandated the temporary closure of all Bureaux de Change from April 9 to April 29, 2020, following Department of Health measures designating them as non-essential services. Affected institutions must display public notices at their premises and are exempt from submitting foreign exchange transaction reports during the closure period, with dispensations available upon request. BDCs must maintain compliance with all applicable operational laws while operations remain suspended.
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