Practice directions

The Central Bank may, after consultation with licensees, issue practice directions on any matter it considers necessary to– (a) give effect to this Act; (b) establish prudential criteria; (c) enable the Central Bank to meet its objectives; CAP. 104. (d) aid compliance with the Money Laundering and Terrorism (Prevention) Act or any other written law relating to the prevention of money laundering and combating the financing of terrorism; and (e) regulate the market conduct of licensees.