Regulations and Statutory Requirements

As it is laid down in the policy frame work of the SBP, KKI will report and will maintain a proper and complete record of all the remittances going out of the country and it is understood that all such transactions will be regulated by our Apex bank.

SBP has given pre approval to the remittances of the following items and thus they will be performed under the general authority granted by SBP:

• Books and magazines
• Membership fee
• Examination fee
• Royalty and Technical fee
• Advertisement charges
• Tender document fee

It is to be noted that the above-mentioned transactions will be reported to the SBP in specified formats on a monthly basis. Also, as mentioned earlier, complete record of the remitter will be maintained to avoid any discrepancy in the transactions.

Another worth mentioning point here is that the above-mentioned transactions are subject to certain conditions laid down by the SBP and KKI will always follow them. Complete scrutiny of the transactions will be done against the rules, regulations and the conditions of the SBP.

 
 

NEWS | MARKET RESEARCH | MEDIA | ABOUT KKI | CAREERS | FEEDBACK | CONTACT US
emailYour suggestions, comments and queries are always welcome at kki@kkionline.com