Regulatory Alerts2026-05-25 | FE Circular No. 02Delegation of Registration Functions for Repatriable Shares and Units to Authorized Dealers
The Exchange Policy Department delegates the registration of repatriable shares and units issued to non-residents, along with the designation of Authorized Dealers for remitting dividend and disinvestment proceeds. This circular amends the Foreign Exchange Manual to simplify documentary requirements and incorporates standardized operating procedures to ensure industry-wide consistency. Authorized Dealers must implement these institutional changes within one month and notify their constituents to ensure strict compliance.
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