Common use of Prudential Measures Clause in Contracts

Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from taking or maintaining reasonable measures for prudential reasons, in particular with a view to ensuring: (a) The protection of investors, depositors, financial market participants, insurance policy holders or claimants; (b) The maintenance of the security, soundness, solvency, integrity or financial responsibility of financial institutions; (c) The preservation of the integrity and stability of a Party's financial system. 2. This Agreement shall not apply to non-discriminatory measures of general application taken by public bodies for reasons relating to monetary and credit and exchange rate policies.

Appears in 25 contracts

Samples: Investment Cooperation and Facilitation Agreement, Investment Cooperation and Facilitation Agreement, Investment Cooperation and Facilitation Agreement

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