i) Performing Electronic Tax Transactions. ii) Foreign Currency Transactions. iii) Support Measures for Customers Affected by the COVID-19 Pandemic

In March, two circulars were issued regarding performing electronic tax transactions and foreign currency transactions. The first circular sets out, among others, the modes of registering electronic tax transactions. The second circular provides the guidelines for foreign currency transactions on foreign currency markets by authorised credit institutions. 

Another circular was promulgated in April regarding debt rescheduling, interest reduction or exemption, or debt non-restructuring for the purpose of supporting customers affected by the COVID-19 global pandemic.

For more information, click here to read the full Legal Update.

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