Disciplinary proceedings for borrowed employees require lender notification, consultation, and repatriation where prescribed penalties or disagreement arise. Disciplinary action against an employee borrowed from another entity requires prompt communication to the lending authority where suspension or ... Summary
International Financial Services Centres Authority (Employees' Service) Regulations, 2026
Disciplinary proceedings for borrowed employees require lender notification, consultation, and repatriation where prescribed penalties or disagreement arise.
Disciplinary action against an employee borrowed from another entity requires prompt communication to the lending authority where suspension or proceedings are initiated. Specified first-category penalties may be imposed after consultation with the lending authority, subject to placing the employee's services at its disposal where disagreement arises. For specified second-category penalties, the employee's services must be placed at the lending authority's disposal and the inquiry proceedings transmitted for further action.
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