Regulatory Alerts2023-07-12
Circular 2011/1 Regarding the Determination of the Number of Managerial Duty Flights
The Central Bank issued Circular 2011/1 in 2011 to establish regulations concerning managerial travel. The document specifically mandates the determination of the number of flights permitted for managers on official duty. This directive serves as a binding guideline for banks to standardize and control executive travel allowances.
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