Revised Laws of Saint Lucia (2021)

68.   Failure to comply with request

  1.  

    (1)   A licensed financial institution or a licensed financial holding company which fails to comply with a request under section 61(2)(b) is liable to a penalty of $100,000 for each failure.

  1.  

    (2)   Any director or officer responsible for a failure to comply with a request under section 61(2)(b) is liable to a penalty of $100,000 for each failure.