Central Bank of the Philippines - Manual of Regulations on Foreign Exchange Transactions

The Central Bank of the Philippines' Manual of Regulations on Foreign Exchange Transactions aims to facilitate compliance with existing regulations and requirements governing foreign exchange and related transactions. The document incorporates all amendments made since 1993 and consolidates all regulations on foreign exchange and related transactions. The manual is divided into several parts, and covers the following topics:

1. Current Accounts
2. Capital Accounts
3. Offshore Banking Units (OBUs), Representative Offices and Foreign Currency Deposit Units (FCDUs)
4. Foreign Exchange Forwards and Swaps and Open Foreign Exchange Position of Banks
5. Reportorial Requirements
6. Procedures for Reporting
7. Fines and Penalties
8. Post-Verification
9. Compliance with Anti-Money Laundering Rules
10. Penal Sanctions

Document Details

Document Type: 
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Year of Document: 
2015
Date of Document: 
Monday, November 30, 2015
Document Authors: 
Central Bank of the Philippines
Language (This Document): 
English

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