Common use of Prudential Exception and Monetary and Exchange Rate Policy Exception22 Clause in Contracts

Prudential Exception and Monetary and Exchange Rate Policy Exception22. 1. Notwithstanding any other provisions of this Agreement, a Party shall not be prevented from adopting or maintaining measures for prudential reasons,23 including for the protection of investors, depositors, policy holders, or persons to whom a fiduciary duty is owed by a financial institution or financial service supplier, or to ensure the integrity and stability of the financial system. If these measures do not conform with the provisions of this Agreement, they shall not be used as a means of avoiding the Party’s commitments or obligations under those provisions.

Appears in 6 contracts

Samples: Digital Economy Partnership Agreement, Digital Economy Partnership Agreement, Digital Economy Partnership Agreement

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