The Chief Executives of all
Exchange Companies and
Exchange Companies of ‘B’ Category

Dear Sirs/Madam,

Issuance Of Updated Exchange Companies Manual - 2016

1. Attention of Exchange Companies and Exchange Companies of ‘B’ category is invited to FE Circular No. 04 dated July 19, 2016.
2. In this regard, Exchange Companies and Exchange Companies of ‘B’ category are advised that Exchange Companies Manual has been updated by incorporating the related Circulars and Circular Letters issued up to December 31, 2016 by relevant SBP departments. Some of the existing instructions contained in SBP Circulars/Circular Letters have been slightly amended in order to make them more clear.
3. Updated Exchange Companies Manual - 2016 has been placed at the State Bank’s website www.sbp.org.pk.
4. Please bring the above to the notice of all your constituents.