EN-10.2.1

Past version: Effective from 01 Oct 2007 to 30 Sep 2010
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Because of their criminal status, and their provision for custodial sentences, the sanctions provided for under the CBB Law are viewed by the Central Bank as very powerful measures, to be pursued sparingly. In most situations, the Central Bank will seek to address regulatory failures through administrative sanctions, as outlined in preceding Sections, rather than by pursuing the criminal sanctions outlined here.

Added: October 2007