Regulatory Alerts2023-02-23
C1-2023 Status of previously issued circulars
The Prudential Authority issues Circular 1/2023 to annually confirm the status of previously issued circulars for banks, controlling companies, eligible institutions, and their auditors. The document lists specific circulars from 2011 to 2020 that remain effective, while all other prior circulars are deemed withdrawn or replaced. It further clarifies that directives issued under section 6(6) of the Banks Act remain effective until formally withdrawn in writing by the Authority.
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