The Chief Executives of all

Exchange Companies &

Exchange Companies of ‘B’ Category

Dear Sirs/Madam,

The Foreign Exchange Regulation (Amendment) Act, 2020 (Act No. X of 2020)

1. Your attention is invited to enactment of the Foreign Exchange Regulation (Amendment) Act, 2020 in terms of which amendments in the Foreign Exchange Regulation Act, 1947 have been made. A copy of the same is enclosed for information.
2. Updated Foreign Exchange Regulation Act, 1947 is available at SBP website: https://www.sbp.org.pk/assets/documents/circulars/ordinance-_%281%29.pdf
3. You are advised to bring the above to the notice of all your constituents.