Describe the relationship that bank shares with its customer, Business Law and Ethics

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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.


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