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THE FOREIGN EXCHANGE COMMITTEE in association withe BRITISH BANKERS\' ASSOCIATIONFOREIGN EXCHANGE AND OPTIONS MASTER AGREEMENT (FEOGA)November 19, 1995Foreign Exchange and Options Master Agreement CONTENTS1.
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FEOMA stands for Foreign Exchange Operations Monitoring Act.
Financial institutions and individuals engaged in foreign exchange transactions are required to file FEOMA.
FEOMA can be filled out online through the official website of the regulatory authority or can be submitted physically at the designated office.
The purpose of FEOMA is to monitor and regulate foreign exchange transactions to ensure compliance with the law and prevent illegal activities such as money laundering and terrorism financing.
Information such as details of foreign exchange transactions, parties involved, and purpose of the transaction must be reported on FEOMA.
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