Regulatory Alerts2025-08-01
Instruction No. 02-07-2025 RFE on the Domiciliation and Settlement of Goods and Services Imports
Issued by the external finance regulator, Instruction No. 02-07-2025 RFE mandates authorized domiciliary intermediaries to control and clear import files for goods and services by verifying full settlement documentation, including invoices and SWIFT messages. The regulation requires intermediaries to retain these files for ten years, promptly repatriate foreign exchange upon any import cancellation, and implement detection mechanisms to prevent payment splitting for transactions meeting or exceeding the domiciliation threshold. It repeals prior related directives, enters into force on July 1, 2025, and applies uniformly across the jurisdiction.
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