Parliament of Zambia - Banking and Financial Services Act, as Amended up to October 7, 2005


The Parliament of Zambia's Banking and Financial Services Act repeals the Banking Act. The act seeks to provide for the regulation of the conduct of banking and financial services, and aims to establish safeguards for investors in and customers of banks and financial institutions. The act is divide into several chapters, and sets forth provisions on the following topics:

1. Licensing of Banks and Financial Institutions
2. Organization and Administration
3. Operations
4. Financial Accountability
5. Supervision and Prudential Regulations
6. Insolvency, Dissolution and Liquidation of Banks and Financial Institutions
7. Appeals

Document Details

Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Originating Country or Trade Block: 
Issue Status: 
Year of Document: 
Date of Document: 
Friday, October 7, 2005
Document Authors: 
Parliament of Zambia
Language (This Document): 

Legal Disclaimer: The content appearing on this site is for general information purposes only and made available on an "AS-IS" basis. The law is subject to change and no representation or warranty is made with regard to accuracy or fitness for a particular purpose.