Common use of Applicable Laws, Regulations, Policies and Rules Clause in Contracts

Applicable Laws, Regulations, Policies and Rules. I. Each Account with the Bank shall be maintained and operated subject to the applicable laws and regulations (including, without limitation, the rules and guidelines, from time to time, of the Association of Banks in Singapore and any request, requirement, notice or policy of any regulatory, governmental, fiscal, monetary or other body or authority to which the Bank is subject or submits (whether or not such request, requirement, notice or policy has the force of law) and any exchange control regulation/directive) and the Customer shall fully cooperate with the Bank where any action is required to be taken under any such law or regulation.