Regulatory Alerts2026-02-06
Banking (Budget Amendment) Act 2025
The Parliament of the Republic of Fiji enacted the Banking (Budget Amendment) Act 2025 to amend Section 67 of the Banking Act 1995. The legislation requires licensed financial institutions to publish statements of all payable accounts on their official websites and maintain them for at least 20 years with prior Reserve Bank approval for removal. Additionally, institutions must publish notices in the Gazette and daily newspapers within 60 days after each financial year to inform the public about access to these online statements.
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