2023-07-12

Circular 1/2013

The regulatory authority issued Circular 1/2013 to regulate foreign currency transactions and define the authorized powers for executing external transfers. The directive mandates standardized procedures for cross-border payments and designates specific competent bodies to approve and process these transactions. Effective in 2013, the circular establishes clear operational boundaries to ensure consistent regulatory oversight of all foreign currency dealings.

Libya

Central Bank of Libya

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Circular 1/2013

Year: 2013

Regarding the Regulation of Foreign Currency Transactions and the Determination of Authorities for Executing External Transfers

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