Specified foreign currencies for international financial services banking include listed major currencies and later-added Nordic and New Zealand currencies. The First Schedule to the International Financial Services Centres Authority (Banking) Regulations, 2020 identifies specified foreign currencies for ... Summary
Specified foreign currencies for international financial services banking include listed major currencies and later-added Nordic and New Zealand currencies.
The First Schedule to the International Financial Services Centres Authority (Banking) Regulations, 2020 identifies specified foreign currencies for relevant banking regulatory purposes. These include the US Dollar, Euro, Japanese Yen, UK Pound Sterling, Canadian Dollar, Australian Dollar, Swiss Franc, Hong Kong Dollar, Singapore Dollar, UAE Dirham and Russian Rouble. The list was expanded to include the Swedish Krone, Norwegian Krone, New Zealand Dollar and Danish Krone.
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