Regulatory Alerts2022-04-29
National Payment System Regulations 2022
The Government of Fiji issued the National Payment System Regulations 2022 to establish the legal framework for licensing, oversight, and operational conduct within the national payment system. These regulations empower the Reserve Bank of Fiji to impose conditions on payment service providers and system operators, conduct inspections, and enforce confidentiality and reporting obligations. The document further defines specific requirements for electronic money, insolvency proceedings, and consumer protections regarding unauthorized transactions and payment instruments.
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