| Release Date: | 1432-05-01 |
|---|---|
| Release Tool: | Ministerial decision |
| Issuance Instrument Number: | 1357 |
| Validity: | Cancelled |
| Summary: | By AI A ministerial decision No. 1357 was issued by the Minister of Finance, which cancels paragraph (3) of a previous ministerial decision that prohibited the issuance of new licenses for the currency exchange profession. New rules for conducting currency exchange activities have been adopted, which include the conditions and procedures for licensing. The applicant must be an individual institution or a partnership, at least 25 years old, and have a good reputation and experience. The license require... |