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  • BC-4.9 BC-4.9 Compliance with the Code of Best Practice on Consumer Credit and Charging

    • BC-4.9.1

      Conventional bank licensees must comply with the Code of Best Practice on Consumer Credit and Charging as attached in Appendix CM-2 and the Investment Business Code of Practice requirements in this Chapter throughout the lifetime of their relationship with a customer.

      Adopted: April 2008

    • BC-4.9.2

      Conventional bank licensees must take responsibility for compliance with the above requirements by all persons carrying out regulated banking services on their behalf. Conventional bank licensees must put in place appropriate measures across all their business operations and distribution channels to ensure compliance with the requirements of the Code of Best Practice on Consumer Credit and Charging where relevant.

      Adopted: April 2008