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of <h1>RRA 2.0 Proposes Streamlining Financial Returns: Merging Forms and Shifting to Online Filing for Efficiency.</h1> The Regulations Review Authority (RRA 2.0) has issued interim recommendations to streamline the submission of financial returns. It proposes discontinuing or merging certain returns, as detailed in Annex 1, and transitioning others from paper or email-based submissions to online filing, as listed in Annex 2. The specific timeline for these changes will be announced later. The initiative aims to simplify processes for authorized persons, enhancing efficiency in reporting financial transactions related to foreign investments, remittances, and other financial activities.
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