August 27, 2025 | Finance
Overview On 3 November 2023, the Monetary Authority of Singapore (“MAS”) issued its response to the Consultation on Proposed Changes to the Complex Products Regime (originally published in November 2021) and indicated its intention to conduct a broader review of the...
August 27, 2023 | Finance
The Central Bank of Sri Lanka on 2nd April 2020, and following that, time to time, took measures to restrict outward remittances with the view of preserving foreign currency in Sri Lanka. By way of Extra Ordinary Gazette No. 2338/40 dated 28th June 2023, the...
January 11, 2023 | Finance
As per the Direction No.1 of 2023 dated 27th February 2023 issued by the Department of Foreign Exchange, Sri Lanka, Authorized Dealers are issued with directions in respect of Special Foreign Currency Accounts for investees to facilitate Current Transactions (SFCA...
