Course Information
Date :
Time : 9:00am - 1:00pm
Duration : Half Day
Accredetation :
SIDC CPE points :
Learning Outcome
Upon completion of the above programme, participants will be able to:
- Identify the rationale behind the implementation of FEP rules and able to comprehend easier whenever there are changes in the policy as they occur
- Describe the important requirements and expectations of the rules and detect the correct policy to apply
- Examine the obligations and expectations in carrying out banking transactions including capital market-related services/products
- Propose best practices into action in line with the bank’s internal control process
Course Content
Introduction and Overview to Foreign Exchange Policy
Legal Provisions relating to FE Notices under FSA 2013
Definition of Resident / Non-Residents
Notice 1: Dealings in Currency, Gold and other Precious Metals
Notice 2: Borrowing, Lending and Guarantee
Notice 3: Investment in Foreign Currency Asset
Notice 4: Payment and Receipt
Notice 5: Security and Financial Instrument
Notice 6: Import and Export of Currency
Notice 7: Export of Good