Regulatory Alerts2024-09-26
Added · Updated
Circular Letter No. 04/2024, dated September 26
The Markets Department requires banking financial institutions to report the 10% foreign exchange position limit based on daily FX transactions executed by end-of-day. This clarification to Circular Letter No. 13/2022 ensures full compliance with position limits and enhances foreign exchange market dynamism. The directive takes effect upon publication, streamlining daily reporting obligations for regulated entities.
More like this from BNA
BNA published 1 document in the last 30 days. We email you each new one the day it's published.
Topics
fx
Share