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Article (2): Licensing Requirements

C 9/2020 Effective from 10/2/2021
  1. As stipulated in Article (129) (1) (a) of the Central Bank Law, operating an LVPS in the State requires a prior License from the Central Bank.
     
  2. The SO and/or SI of the LVPS must apply and submit the required information and documents set out in Annex A of this Regulation to the Central Bank to obtain a License if the LVPS is in operation in the State.