Common use of Application of Laws and Regulations Clause in Contracts

Application of Laws and Regulations. Article 2.8 (Transfers) shall not be construed as preventing a Party from applying in an equitable and non-discriminatory manner, and in a way that would not constitute a disguised restriction on investment, its laws and regulations relating to: (a) bankruptcy, insolvency, bank recovery and resolution, the protection of the rights of creditors, or the prudential supervision of financial institutions; (b) issuing of, trading or dealing in financial instruments; (c) financial reporting or record keeping of transfers where necessary to assist law enforcement or financial regulatory authorities; (d) criminal or penal offenses, deceptive or fraudulent practices; (e) ensuring the satisfaction of judgments in adjudicatory proceedings; or (f) social security, public retirement or compulsory savings schemes. ARTICLE