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QUESTION 1
Barclays Bank in Mauritius has interviewed various candidates for the post of Chief Executive Officer. Its HR department has requested you to provide them with some guidance notes on the requirement of ‘Fit and Proper' person under banking laws. Advise
QUESTION 2
(i) Describe the relationship(s) that a bank shares with its customers
(ii) The duty of confidentiality that the central bank or any other bank has is not absolute. Discuss
QUESTION 3
The Bank of Mauritius has got various objects. It has therefore got various functions and powers in order to achieve the attainment of its objects. Discuss.
Define the subordinate legislation briefly. Subordinate legislation: • Regulations: It directly applicable and self-executing, no require for member state to create own
Separate meetings of each group - mergers and winding up: The first ground of objection was valid, ie. if within a single class of shareholders there are groups whose inte
What are the aspects of immunity from jurisdiction There are various aspects of immunity from jurisdiction and state jurisdiction is often misunderstood with act o
Which treaty established by the United Nations The UN Charter is a treaty established by the United Nations. There are three types of treaties: law making treaty; codifying tr
Describe the term- higher national income and interest rate This causes country B to adjust to point B with both a higher national income and interest rate. At this point the f
QUESTION 1 (1) What do you understand by business ethics? (2) How can an ethical climate be improved in an organization? QUESTION 2 Explain the importance of stakeho
Form of reconstruction: Where one company transfers its undertaking (and assets) to another company in exchange for shares to be alloted direct or distributed to the members o
QUESTION 1 You are given the task to make a Code of Ethics for your organization (a) Describe a Code of Ethics (b) What are the different aspects/issues that you might in
Registration Procedures: The procedures to be followed by persons who intend to form a registered company will depend on whether the proposed company is to be a public company
Define the principle of prescription Prescription (res nullius-an asset susceptible of acquisition but presently under the ownership or sovereignty of no legal person). Pr
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