Regulatory Alerts2019-08-19 | 29623Circular Letter – Amnesty for Penalties under the Companies Act, Chap. 81:01
The regulatory authority issued a circular letter granting an amnesty for penalties under the Companies Act, Chap. 81:01. This measure applies to entities within the banking sector, bureau de change supervision, and insurance sector. The directive aims to resolve outstanding penalty liabilities by offering a waiver or reduction under specified conditions.
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