Article 9 (4)

Nothing in this Article shall prevent:

(a)  financial institutions from applying their own lending or underwriting practices based on market principles and prudential considerations; or

(b)  a Contracting Party from taking measures:

  • (i)  for prudential reasons, including the protection of Investors, consumers, depositors, policy-holders or persons to whom a duciary duty is owed by a financial service supplier; or

  • (ii)  to ensure the integrity and stability of its nancial system and capital markets.

 

 

 

  • From ECT 2 [CONF 56] (01/05/93) to ECT 3 [CONF 60] (01/06/93): Article 10.4 – Access to Capital
  • ECT 4 [CONF 64] (07/07/93): Article 10.5 – Access to Capital
  • From ECT 5 [CONF 72] (11/10/93) to Interim text (25/06/94): Article 10.4 – Access to Capital 
  • From CONF 104 (Text for adoption) (14/09/94) to ECT as adopted (17/12/94): Article 9.4 – Access to Capital