What are the limitations imposed on banks by the banking act, Business Law and Ethics

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QUESTION 1

(a) Under which circumstances can banking information on customers be disclosed and at the same time not breaching the confidentiality clause of the Banking Act

(b) What are the limitations imposed on banks by the Banking Act

QUESTION 2

Write short notes on the following-

(a) Global Business Licence

(b) National Committee on Corporate Governance

(c) Powers and functions of the Financial Services Commission (FSC)

(d) Mauritius Institute of Professional Accountants (MIPA)

(e) Insolvency


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