July 20, 2019 (MLN): The State Bank of Pakistan, after considering the market dynamics, business environment and changes in way of doing business, is in the process of revising the Foreign Exchange Manual in consultation with relevant stakeholders in a phased manner. According to a press release by the SBP, the revision is mainly aimed at simplification of the existing instructions, adoption SBP revises manual for royalty, franchise, technical fee August 8, 2021 State Bank of Pakistan (SBP) has revised foreign exchange manual related to Royalty, Franchise and Technical Fee (RFT) for ease of doing business. The SBP issued a circular dated December 19, 2021 and revised instructions in Exchange Companies Manual. The central bank said that exchange companies may sell foreign currency to individuals while ensuring the following limits: Maximum limit per person per day for buying foreign currency (in the form of cash or outward remittance) from all ECs KARACHI: The State Bank of Pakistan (SBP) on Tuesday has amended the Chapter 14, of the Foreign Exchange Manual for AGL 7.40 No Change 0.00 (0%) ANL 10.83 Decreased By -0.08 (-0.73%) State Bank of Pakistan (SBP) has notified revision of foreign exchange instructions pertaining to commercial remittances with the objectiveof promoting ease of doing business and facilitating legitimate cross border commercial payments on account of services. SBP has notified revisions in foreign exchange regulations for export of goods from Pakistan (Chapter 12 of the Foreign Exchange Manual). The key changes include amendments in regulations to facilitate export transactions through the Pakistan Single Window when it becomes operational. In this respect, thirteen chapters of the FE Manual have already been revised through FE Circulars No. 14 of 2018, 03 of 2019, 01, 05 & 06 of 2021 and placed at the SBP's website. 2. Now, the following chapter of the Manual also stands revised: The State bank of Pakistan (SBP) has made certain changes in Chapter 12 of the Foreign Exchange Manual (Manual) vide its circular no. EPD Circular Letter Number 02 dated February 19, 2021. It allow the exporters to utilize the funds available in their special foreign currency account for the purposes stated below, without prior approval of SBP SBP's revised policy will enable the Pakistani Fintech and startup companies to channelize foreign direct investment in the country by establishing a holding company abroad against remittance of up Authorized Dealers to submit compliance report in 15 days. Karachi August 5 2021: As Authorized Dealers are aware, the State Bank of Pakistan is in the process of revising the Foreign Exchange (FE) Manual in consultation with different stakeholders, including Authorized Dealers, in the phased manner. In order to implement the revised policy on State Bank of Pakistan (SBP) has notified the revisions in Foreign Exchange Manual (chapter 20) to facilitate startups, fintechs, and exports. Accordingly, the new policy for equity investment abroad will attract foreign direct investment through the establishment of holding companies by Pakistani fintech and startups; support exports by facilitating exporters to establish subsidiaries or State Bank of Pakistan (SBP) has notified the revisions in Foreign Exchange Manual (chapter 20) to facilitate startups, fintechs, and exports. Accordingly, the new policy for equity investment abroad will attract foreign direct investment through the establishment of holding compani