During the last 56 years of its existence it has seen, rather played a major role in, the transition from a fixed exchange rate regime to almost floating exchange rate one; from a non-existent or at best a shallow interbank forex market to one whose activity not infrequently causes the regulator to sit up and take notice, and sometimes act; and from an era when every non-trade forex transaction with a client required a “Exchange Control Permit” to a time when the Authorised Dealers (ADs) have more power and freedom than they are perhaps willing to exercise.
The Centre has so far prepared and published a number of leaflets and brochures aiming to draw attention of citizens to the particular features of financial products they should pay special attention to when making decision on the purchase of a financial product. The Centre aims not to decide for the client, but to help the bank customers make informed decisions.