Licensed financial institution definition

Licensed financial institution means a financial institution issued a license under this act.
Licensed financial institution means a financial institution licensed under the provisions of this Act;
Licensed financial institution means any person or incorporated entity licensed to conduct banking business under this Act;

Examples of Licensed financial institution in a sentence

  • Licensed financial institution holding abandoned property shall submit to the Central Bank of Liberia a full report of such holdings within fifteen (15) days after each financial year in accordance with Section69 (1) of the FIA.

  • Section 17 of the Banking and Financial Services Act prohibits unlicensed business other than a Licensed Bank or a Licensed financial institution to offer or conduct financial services.

  • Licensed financial institution refers to a financial institution which has received a permit from a regulator or a supervisor to do specific financial business as defined by that particular licence (e.g. life assurance, non-life insurance, banking etc.).

  • It is a Licensed financial institution under the Banking and Financial Institutions Act, 1991 and is licensed and supervised by the Bank of Tanzania.


More Definitions of Licensed financial institution

Licensed financial institution means a financial institution licensed by Bank Negara Malaysia under the Financial Services Act 2013 and Islamic Financial Services Act 2013;
Licensed financial institution means a financial institution licensed by Bank Negara Malaysia under the Financial Services Act 2013 or the Islamic Financial Services Act 2013 or any successor legislation;
Licensed financial institution means a financial institution licensed by Bank Negara Malaysia under the Banking and Financial Institutions Act 1989;
Licensed financial institution means a financial institution licensed under the Financial Institutions Act;
Licensed financial institution means a financial institution authorized under the laws of Liberia to do banking business in Liberia;
Licensed financial institution means any company licensed under the Banks and Financial Institutions Act to conduct financial business;
Licensed financial institution means a financial institution that is licensed under this Act;