FSC Press Release_July 22th

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Amendments to the Financial Holding Companies Act

  • The National Assembly has approved the amendments to the Financial Holding Companies Act to be enacted on October 10, 2009, resulting in the relaxation of a “non-financial business operator” (NFBO) from taking ownership of a bank holding company.*Please read the attached file for details.
  • Amendments to the Financial Holding Companies Act

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