Regulatory Alerts2012-01-01
CB Circular 08/2012 Development of Information Database for Professional Staff
The Bank of Zambia requires all commercial banks and non-bank financial institutions to populate a new national database with information on their professional staff by May 31, 2012. Institutions must submit data regarding employee qualifications, experience, and gender policies via the FSDP website to address the sector's lack of unified recruitment and training strategies. The collected information will be consolidated into aggregate reports to identify national skills availability and training gaps within the financial sector.
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