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New General Instruction on Foreign Exchange Operations
The Foreign Exchange Office has released its new General Instruction on Foreign Exchange Operations, effective January 1, 2026. This update makes the rules clearer, easier to follow, and better suited for everyone involved in international operations.
It introduces a renewed, more agile approach designed to support international operations while addressing the specific needs of different user profiles, including:
- Companies in general
- Importers and exporters
- ADD-labelled start-ups
- Microfinance associations
- Resident individuals
- Students abroad
- Moroccans Living Abroad (MRE)
- Non-resident investors
Our experts break down the key changes, highlight the principles that remain in force, and share practical insights to help you navigate this new framework with confidence.
This content is available in French only.
