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<h1>Newly Licensed Money Changers Must Start Operations Within Six Months and Submit Required Documents to Reserve Bank</h1> A newly licensed Full-Fledged Money Changer (FFMC) must begin operations within six months from the license issuance date. Before starting business, the FFMC is required to submit documentation to the Reserve Bank, such as a registration under the Shops & Establishment Act, a rent receipt, or a copy of the lease agreement.