Foreign Exchange Administration
Supplementary Notice (No. 6) on Foreign Exchange Administration Rules and Amendment to the Definitions of the Notices on Foreign Exchange Administration Rules
Release Date: 30 August 2019
Issuance Date
30 August 2019
Effective Date
30 August 2019
Applicability
FSA, IFSA
Summary
Bank Negara Malaysia today issues the Supplementary Notice (No. 6) on Foreign Exchange Administration Rules and Amendment to the Definitions of the Notices on Foreign Exchange Administration Rules on the following:
-
Additional Hedging Flexibilities to Better Manage Foreign Exchange Risk
- Hedging by residents for foreign currency current account obligations
- Hedging by non-residents on anticipatory basis via an appointed overseas office
- Hedging on behalf of related entities
- Amendment to the Definitions of the Notices on Foreign Exchange Administration Rules
Details can be found as follows:
- Supplementary Notice (No. 6)
- Frequently Asked Questions (FAQs)
- Non-Resident Corporate Treasury Registration Form