Revised Laws of Saint Lucia (2021)

157.   Receiver to notify Central Bank of fraudulent activities

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       If the receiver has reasonable cause to believe that a licensed financial institution or licensed financial holding company or its shareholders, directors, officers, attorneys, accountants or other professionals have engaged or are engaging in fraudulent activities or other criminal activities, the receiver shall immediately notify —

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      (a)     the Central Bank and shall pursue civil actions seeking damages and restitution; and

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      (b)     the authorities responsible for investigating and prosecuting the activities.