Limitations on Market Access Limitations on National Treatment Additional Commitments. All financial services- commercial banks and merchant banks - cont'd) Entry is also permitted through the setting up of representative offices. Representative offices can only undertake research, exchange of information and liaison services. 4) Unbound except for the categories of natural persons referred to under market access. 4) Unbound except the following: (a) Unless otherwise specified, temporary presence of natural persons is offered only in respect of supply through the mode of commercial presence. (b) Two senior managers and five specialists or experts for each bank A senior manager is an individual possessing proprietary knowledge and authority essential to the establishment, control and operation of the services of the financial service supplier. Specialists or experts for each bank for areas relating to: (i) trade financing; (ii) corporate finance; (iii) treasury management; and (iv) information technology. (c) For a representative office, two foreign nationals. Only one foreign national for the two top Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments posts. (d) Entry shall be limited to a maximum period of five years.
Limitations on Market Access Limitations on National Treatment Additional Commitments. All payment and money transmission services, namely credit and debit cards, travellers cheques and bankers drafts. 1) Electronic fund transfer system requires approval. 2) None. 3) Offshore banks are permitted to extend payment and money transmission services to non- residents only. 1) None. 2) None. 3) For commercial banks, unbound for branching (including off-premises ATMs) and networking with ATMs in Malaysia. Only commercial banks are permitted to issue credit cards, debit cards or provide checking account services. Sale or purchase of foreign currency and purchase of travellers cheques other than by commercial banks require money changer's licence. Entry is limited to establishment of a locally incorporated joint-venture company and aggregate foreign shareholding in such company shall not exceed 30 percent. Branching (including dispensers) is permitted for travellers cheques companies with foreign shareholding not exceeding 30 percent. 4) For banks, unbound except as indicated in the all financial services horizontal section. 4) For banks, unbound except as indicated in the all financial services horizontal section. For non-banks, unbound except one foreign national for a management post which is not the CEO post, for each establishment. For non-banks, unbound except for the categories of natural persons referred to under market access. Entry shall be limited to a maximum period of five years. Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments Charge cards. 1), 2) None 3) Entry is limited to establishment of a company incorporated in Malaysia. Approval of the Central Bank is required. 4) Unbound except two senior managers for each establishment. Entry shall be limited to a maximum period of five years. 1), 2) None 3) None 4) Unbound except for the categories of natural persons referred to under market access. Guarantees and commitments. 1), 2) None except banks established in Malaysia may be given the right of first refusal. 3) None. 4) Unbound except as indicated in the all financial services and all-sector horizontal section. 1), 2) None 3) None 4) Unbound except as indicated in the all financial services and all-sector horizontal section. Money and foreign exchange broking services. 1), 2) Broking services, involving Ringgit Malaysia and financial instruments issued in Malaysia must be effected through authorized dealers and money and foreign exchange brokers incorporated in Malaysia. 1), 2) N...
Limitations on Market Access Limitations on National Treatment Additional Commitments. The commitment shall not be construed to include the right to operate transport services under one’s own responsibility for hire. The commitment shall not include under any circumstances, the grant of air traffic rights for courier operators with own Air Operator’s Certificate (AOC) and aircraft fleet.
Limitations on Market Access Limitations on National Treatment Additional Commitments. The supply of architectural services in Singapore will be under the control and Management of a partner who is a Registered architect, ordinarily resident in Singapore and who has a valid practising certificate. 4) Unbound except as indicated in the horizontal section. 4) Unbound
Limitations on Market Access Limitations on National Treatment Additional Commitments a. Direct insurance (a) Life insurance, excl. health insurance services (b) Non-life insurance services b. Reinsurance and retrocession c. Insurance intermediation (such as brokerage and agency) d. Services auxiliary to insurance (such as consultancy, actuarial, risk assessment and claim settlement) to enterprises with foreign- invested capital, foreigners working in Viet Nam; - Reinsurance services; - Insurance services in international transportation, including insurance of risks relating to: + international maritime transport and international commercial aviation, with such insurance to cover any or all of the following: the goods being transported, the vehicle transporting the goods and any liability arising there-from; and + goods in international transit; - Insurance broking and reinsurance broking services; - Consultancy, actuarial, risk assessment and claim settlement services. (2) None. (3) None, except: 100% foreign-invested insurance enterprises shall not be allowed to engage in statutory insurance business, including motor vehicle third party liability, insurance in construction and installation, insurance for oil and gas projects, and insurance for (2) None. (3) None.
Limitations on Market Access Limitations on National Treatment Additional Commitments a. Direct insurance (a) Life insurance, excl. health insurance services (b) Non-life insurance services b. Reinsurance and retrocession c. Insurance intermediation (such as brokerage and agency) d. Services auxiliary to insurance (such as consultancy, actuarial, risk assessment and claim settlement) to enterprises with foreign- invested capital, foreigners working in Viet Nam; - Reinsurance services; - Insurance services in international transportation, including insurance of risks relating to: + international maritime transport and international commercial aviation, with such insurance to cover any or all of the following: the goods being transported, the vehicle transporting the goods and any liability arising there-from; and
Limitations on Market Access Limitations on National Treatment Additional Commitments. Value added services (o) Other - Internet Access Services IAS22 (1) Wire-based and mobile terrestrial services: None, except: Service must be offered through commercial arrangements with an entity established in Viet Nam and licensed to provide international telecommunication services. (1) None. Viet Nam undertakes the obligations in the Reference Paper attached hereto and Annex on Telecommunication under Chapter 8. Satellite-based services: Subject to commercial arrangements with Vietnamese international satellite service suppliers duly licensed in Viet Nam, except satellite-based services offered to: - Upon entry into force of this Agreement: off-shore/on sea based business customers, government institutions, facilities-based services suppliers, radio and television broadcasters, official international organization' representative offices, diplomatic representatives and consulates, high tech and software development parks who are licensed 22 Services providing internet access to the end users. VIET NAM – SCHEDULE OF SPECIFIC SERVICES COMMITMENTS Mode of delivery: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence
Limitations on Market Access Limitations on National Treatment Additional Commitments. All payment and money transmission services, namely credit and debit cards, travellers cheques and bankers drafts. 1) Electronic fund transfer system requires approval. 1) None. 2) None. 3) For commercial banks, unbound for branching (including off-premises ATMs) and networking with ATMs in Malaysia. Branching (including dispensers) is permitted for travellers cheques companies with foreign shareholding not exceeding 30 percent. 4) For banks, unbound except as indicated in the all financial services horizontal section. For non-banks, unbound except for the categories of natural persons referred to under market access.
Limitations on Market Access Limitations on National Treatment Additional Commitments. 11. TRANSPORT SERVICES 1) Unbound None except that in order to sail under Swiss flag, vessels must be owned by a company which is substantially influenced (at least 66 per cent of capital and vote) by persons domiciled in Switzerland or in a country according to the Mannheim Convention and the protocols related to it. Subject to regulations implementing the Mannheim Convention on Rhine Shipping. 2) None 3) None except that in order to sail under Swiss flag, vessels must be owned by a company which is substantially influenced (at least 66 per cent of capital and vote) by persons domiciled in Switzerland or in a country according to the Mannheim Convention and the protocols related to it 4) Unbound except as indicated in Part I 1) (see above) Traffic rights including cabotage are limited on the basis of the Mannheim Convention and the protocols related to it; owner of vessels must have an appropriate managing agency in Switzerland, in order to sail under Swiss flag, vessels must be owned by a company which is substantially influenced (at least 66 per cent of capital and vote) by persons domiciled in Switzerland or in a country according to the Mannheim Convention and the protocols related to it. Subject to regulations implementing the Mannheim Convention on Rhine Shipping. 3) Traffic rights including cabotage are limited on the basis of the Mannheim Convention and the protocols related to it; owner of vessels must have an appropriate managing agency in Switzerland, in order to sail under Swiss flag, vessels must be owned by a company which is substantially influenced (at least 66 per cent of capital and vote) by persons domiciled in Switzerland or in a country according to the Mannheim Convention and the protocols related to it 4) Traffic rights including cabotage are limited on the basis of the Mannheim Convention and the protocols related to it§
Limitations on Market Access Limitations on National Treatment Additional Commitments. Hybrid mail service; - Direct mail. Except for the handling of items of written communication the price of which is less than: - 10 times the tariff for the handling of a standard domestic letter in the first weight level for domestic shipments; - US$9 for international shipments; provided that the gross weight of these items is less than 2,000 grams. (b) Parcels15 and other goods. * Handling of non-addressed items. (4) Unbound, except as indicated in the horizontal section. (4) Unbound, except as indicated in the horizontal section.
