As part of the Central Bank of Libya’s role in regulating foreign exchange transactions through legal and licensed entities dealing in foreign currency, these entities must operate under the supervision and control of the Central Bank of Libya, in accordance with the law and the regulations governing their activities. This is to ensure the fight against money laundering and terrorist financing, eliminate distortions in the foreign exchange market, and control its price and stability.
Based on the provisions of the Central Bank of Libya’s Board of Directors Decision No. (16) 2010, regarding the regulations governing exchange business and its amendments.
The Central Bank of Libya announces to those who have previously obtained preliminary approval for the establishment of companies and offices to conduct exchange activities, in accordance with the decision of the Central Bank of Libya’s Board of Directors No. (27) 2013, to fill out the forms announced on the Central Bank of Libya’s website, after downloading them and submitting them along with all the necessary documents related to the establishment of companies and exchange offices with valid licenses, to the Non-Banking Financial Institutions Division at the Banking and Monetary Supervision Department, starting from 03/11/2024 until the end of December 2024, in order to presented before the Board of Directors for final approval. Future applications will be considered according to the regulations and procedures announced