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LR-1.3.5

Licensees should note that they may still undertake activities falling outside the definition of regulated banking servicesG , such as investing in physical commodities — subject to Rule LR-1.1.11. The fact that an activity is not included in the definition of regulated banking servicesG does not mean that it is prohibited. In transitioning to the new licensing framework, the CBB will be closely liaising with licensees to ensure that no disruption occurs to their legitimate business activities.

October 2007
 Versions
(1 Version)
 
Apr 1 2008 onwards
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