In a circular the central bank conveyed to all authorised dealers that if there were to be any change in their exposure limits, it would be conveyed to the respective authorised dealer individually. The central bank has taken this decision to streamline the procedure for review of FEEL of all authorised dealers (on periodical basis or on their request). It said that request received from any individual authorised dealer during the year for their FEEL enhancement based on any material change in paid-up capital will be reviewed at end of the quarter, based on their audited accounts reported by them to the SBP’s Banking Surveillance Department. UK bank deposits fund worth 4. read more
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