Act 2009
Financial Services Regulatory Commission Act, Cap. 21.10
Issued by Financial Services Regulatory Commission
Effective: 26 Nov 2009
Plain-English summary
Establishes the Financial Services Regulatory Commission to regulate providers of financial services other than those under the Banking Act. Section 40 lets the Commission issue written warnings, agree remedial action programmes, issue cease and desist orders and recommend that a licence be restricted or revoked; the Act also sets fixed penalties and late-filing fees. Act 22 of 2009; the source is the revised edition as at 31 December 2020.
Who it applies to
All industries
Topics
Conduct & Consumer Protection AML / CFT / Sanctions
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