Regulatory Alerts2021-01-01 | JPRF-A-2021-002JPRF-A-2021-002 — Validation of Administrative Resolutions of the JPRF
The Financial Policy and Regulation Board (JPRF) validates three administrative resolutions previously issued with a procedural defect due to the failure to summon non-voting authorities. The validated acts include the internal rules for JPRF resolutions, the election of the President and Vice President for the two-year term, and the approval of the JPRF Code of Ethics. This validation cures the irregularity in the summonses by confirming that the acts do not violate the Constitution or laws and are subsanable under the Organic Administrative Code.
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