Banking and Financial Services Act, 2017

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Short title: 
Banking and Financial Services Act, 2017
Long title: 
An Act to provide for a licensing system for the conduct of banking or financial business and provision of financial services; to provide for the incorporation of standards, principles and concepts of corporate governance in institutional systems and structures of banks and financial institutions; to provide for sound business practices and consumer protection mechanisms; to provide for the regulation and supervision of banking and financial services; to repeal and replace the Banking and Financial Services Act,1994; and to provide for matters connected with, or incidental to, the foregoing.
Year of Act: 
2017
Number of Act: 
7
Date of assent: 
12 April 2017
Date of promulgation: 
13 April 2017
Date of commencement: 
24 June 2017
In force: 
by Statutory Instrument