Regulatory Alerts2008-07-29
Financial Institutions (Fees) Regulations, 1998
The Minister of Barbados issued these regulations under the Financial Institutions Act to establish mandatory fee structures for licensed financial companies. The schedule details specific payment amounts for license issuance, annual renewals, and additional branches or automated teller machines based on the number of operational locations. Licensees are required to pay these fees to the Accountant General and forward the receipt to the Central Bank as proof of compliance.
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