Section 122
Application
of Financial Services Act 2013
(1)
Sections 123 and 124 shall apply without prejudice to the provisions of the Capital Markets and Services Act 2007 in so far as such provisions relate to capital market products or capital market services as defined in subsection 2(1) of the Capital Markets and
Services Act 2007, developed, offered or marketed by a licensed bank, licensed insurer or licensed investment bank.
(2)
The Bank shall enter into an arrangement in writing with the
Securities Commission to coordinate on the regulation of business conduct relating to capital market products or capital market services as defined in subsection 2(1) of the Capital Markets and
Services Act 2007, developed, offered or marketed by a licensed bank, licensed insurer or licensed investment bank.
Financial Services 131