Board-approved internal guidelines for Form A2 outward remittances may now be approved by delegated Board or management committees.

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....Authorised Dealer Category I banks and Category II entities must maintain internal guidelines for facilitating outward foreign exchange remittances through online or physical submission of Form A2 and related documents. Approval for those guidelines may now be given by the Board, a Board Committee, or a Management Committee where the Board has delegated that power. Existing requirements governing online or physical Form A2 submissions otherwise remain unchanged. The directions operate without affecting any separate permission or approval required under other applicable laws.....