Malaysia Regulatory Update: Foreign Exchange Administration (FEA) Rules

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Malaysia Regulatory Update: Foreign Exchange Administration (FEA) Rules In a bid to calm the markets and to improve liquidity, Bank Negara Malaysia (BNM) recently issued the revised Foreign Exchange Administration Rules (FEA Rules) effective 5th December 2016, as a measure to accelerate the development of Malaysian financial market and to promote financial stability. The objectives…

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