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you are here:
> Article 65
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V. General Operations, Standards and Systems |
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| 5.4 Finance and Capital Standards | ||
| Article 65-Elimination of usury | ||
| 65.1 | Elimination of usury | |
| By Ucadian law, the charging of interest is considered a criminal offence and is banned upon the utilization of any financial instruments issued by authority from One Heaven and underwritten by Members of the Ucadian Societies. | ||
| It is a key goal of the Bank to ensure the elimination of all forms of usury by the Day of Redemption by demonstrating the superior financial system of the Bank and the Ucadian Societies and that such practices are no longer needed or beneficial in any way for short term, medium term and long term prosperity for all economies and communities. | ||
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