Regulatory Alerts2022-03-25 | 29723Consultation on the Revision of the Terms and Conditions for Bureau De Change Operations
The regulator has published a consultation proposing revised operational terms for Bureau De Change (BDC) outlets. The amendments introduce stricter licensing criteria, enhanced compliance reporting obligations, and updated capital adequacy standards to strengthen market oversight. Industry participants may submit written feedback by the stipulated deadline, with finalized rules scheduled for implementation following regulatory review.
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