Regulatory Alerts2024-06-24
Circular 4/2024
The Central Bank of Libya issues Circular 4/2024, mandating licensed banks and exchange houses to comply with updated foreign currency transaction reporting standards and monetary policy directives. The directive integrates prior January 2024 guidelines, establishes mandatory compliance deadlines, and clarifies procedural obligations for all regulated financial entities. Full implementation takes effect immediately upon issuance, ensuring standardized reporting across the national banking sector.
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