Offshore Banking Unit business operations must be conducted only in foreign exchange, subject to regulatory and licence conditions. Offshore Banking Unit business activities within the permitted forms of banking business may be undertaken only in foreign exchange. Such operations are ... Summary
Offshore Banking Unit business operations must be conducted only in foreign exchange, subject to regulatory and licence conditions.
Offshore Banking Unit business activities within the permitted forms of banking business may be undertaken only in foreign exchange. Such operations are subject to the applicable Offshore Banking Unit regulatory framework and to conditions attached to the banking licence.
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