Payment system definitions align authorisation, institutional roles, and imported statutory meanings within financial service centres. Definitions for payment and settlement systems identify the governing Act, Authorisation Certificate, regulatory Authority, supervisory Board, and ... Summary
Payment system definitions align authorisation, institutional roles, and imported statutory meanings within financial service centres.
Definitions for payment and settlement systems identify the governing Act, Authorisation Certificate, regulatory Authority, supervisory Board, and International Financial Service Centre. Terms not expressly defined are assigned meanings under relevant payment systems, reserve banking, banking regulation and international financial services centre laws, including subordinate legislation and statutory modifications or re-enactments.
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