Regulatory Alerts2009-07-22 | TED-FEM-FPC-GEN-01-120-09Re: Daily Rendition of Returns by Non-Bank Class 'A' Bureau De change Operators
As per the June 12, 2009 circular (TED/FEM/FPC/GEN/01/099), all Non-bank Class 'A' Bureaux de Change operators must submit daily returns strictly via eFASS starting July 23, 2009. Emails for return submissions are no longer valid and will be disregarded. The Director of Trade & Exchange Department emphasizes strict adherence to this new requirement.
Tel: 09 462 37 804 Fax: 09 462 37 802 E-mail address:ted@cenbank.org TED/FEM/FPC/GEN/01/120 July 22, 2009 TO: All Non-Bank Class 'A' Bureau de Change Operators RE: DAILY RENDITION OF RETURNS BY NON-BANK CLASS 'A' BUREAU DE CHANGE OPERATORS Further to the circular Ref: TED/FEM/FPC/GEN/01/099 of June 12, 2009, all Non-bank Class 'A' Bureaux de Change operators are hereby informed that the daily rendition of returns, which is a condition for participation in the official segment of the foreign exchange market, shall henceforth be strictly via eFASS. Accordingly, with effect from July 23, 2009, rendition of return via e-mail is null and void and such returns would be disregarded. Please note and ensure compliance accordingly. H. A. Salako for: DIRECTOR TRADE & EXCHANGE DEPARTMENT