Regulatory Alerts2025-03-27
Added
FEPD Circular Letter No. 15: Credit reports of the foreign suppliers-amended
The last sentence of paragraph 2 in FE Circular No. 07 dated January 14, 2025 is replaced to clarify verification procedures for Authorized Dealers. For indents from local agents, Authorized Dealers must verify that agents are regular in repatriating commission income using information from importers. For own customers, Authorized Dealers shall check their own records for satisfaction.
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