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.

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

  • 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.).


More Definitions of Licensed financial institution

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 authorized under the laws of Liberia to do banking business in Liberia;
Licensed financial institution means a financial institution licensed by Bank Negara Malaysia under the Financial Services Act 2013 (FSA) and Islamic Financial Services Act 2013 (IFSA);
Licensed financial institution means a financial institution licensed under the Financial Institutions Act;
Licensed financial institution means a financial institution that is licensed under this Act;
Licensed financial institution means a financial institution licensed by Bank Negara Malaysia under the Financial Services Act 2013 and Islamic Financial Services Act 2013;