Regulatory Alerts2016-02-05
C1/2016: Status of previously issued circulars
The Registrar of Banks issued Circular 1/2016 to annually confirm the effective status of previously issued circulars for banks, controlling companies, eligible institutions, and their auditors. The document lists specific circulars from 2011 to 2016 that remain in force, while clarifying that directives issued under section 6(6) of the Banks Act remain effective until formally withdrawn in writing. Addressees are required to retain copies of the listed effective circulars and return signed acknowledgements of receipt to the Office of the Registrar.
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