← belizelaw.ai · National Payment System, Cap. 266:01 · PART IV — Rules to Regulate a System

Access to systems

Cap. 266:01, s. 19 · Revised Edition 2020

An operator– (a) shall make rules on access to a system which are objective, non-discriminatory and proportionate; and (b) shall not inhibit access to the system more than is necessary to safeguard against risks, including– (i) credit, liquidity, and systemic risks; (ii) settlement risks; and 30 (iii) the risk that deficiencies in or internal controls could result in unexpected loses.
Have a question about this section? Ask belizelaw.ai →