The Foreign Exchange Policy Notices set out —

1. Approvals of Bank Negara Malaysia (the Bank) for transactions which otherwise are prohibited under section 214(2) read together with Schedule 14 of the FSA and section 225(2) read together with Schedule 14 of the IFSA;
2. Requirements, restrictions, and conditions of the approvals; and
3. Directions of the Bank.

A person shall obtain a written approval of the Bank to undertake or engage in any transaction listed in Schedule 14 of the FSA or IFSA that is not approved by the Bank under the Foreign Exchange Policy Notices.

This document will supersede the Foreign Exchange Notices issued on 15 April 2021.

See also: Foreign Exchange Policy Notices