Regulatory clarification and enforcement relaxation allow flexibility in applying premium payment requirements for financial-market development. Regulation 12 empowers the Authority to issue guidance notes or circulars to resolve difficulties in applying or interpreting the regulations. For ... Summary
Regulatory clarification and enforcement relaxation allow flexibility in applying premium payment requirements for financial-market development.
Regulation 12 empowers the Authority to issue guidance notes or circulars to resolve difficulties in applying or interpreting the regulations. For recorded reasons and in the interest of financial-market development, the Authority may relax strict enforcement of any regulatory requirement, subject to payment of any fee it specifies.
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