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    <title>Non-applicability of certain regulations and savings</title>
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    <description>Regulation 9 disapplies, from commencement, the 2016 framework on assets, liabilities and solvency margin, including related circulars and guidelines, within International Financial Services Centres. Prior actions under that framework are preserved and deemed taken under corresponding provisions. An IIO already operating in an International Financial Services Centre must satisfy any additional applicable requirements within six months of commencement or within an extended period specified by the Authority.</description>
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