Borrowed employee discipline requires prompt lender notification, consultation on specified penalties, and referral when designated penalties are contemplated. Borrowed employees facing suspension or disciplinary proceedings require prompt communication to the lending authority. Where specified penalties are ... Summary
International Financial Services Centres Authority (Employees' Service) Regulations, 2026
Borrowed employee discipline requires prompt lender notification, consultation on specified penalties, and referral when designated penalties are contemplated.
Borrowed employees facing suspension or disciplinary proceedings require prompt communication to the lending authority. Where specified penalties are contemplated following disciplinary findings, the disciplinary authority may act after consulting the lending authority. A disagreement between the borrowing and lending authorities requires the employee's services to be returned to the lending authority. For penalties specified under Regulation 87(1)(b)(i) to (v), the employee's services and inquiry proceedings must be referred to the lending authority for necessary action.
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