15. Guarantees
Business entities must approach an Authorised Dealer in respect of guarantees to be issued in favour of non-residents with the exception of capital guarantees (i.e. guarantees for outward foreign direct investment) and currency transfers guarantees. Requests for capital and currency transfer guarantees must be submitted to the Financial Surveillance Department via an Authorised Dealer.
Requests for extension of guarantees by business entities must be referred to an Authorised Dealer.