Regulatory Alerts2022-06-07
Central Bank of Libya Periodic Letter No. 108/2014
The Central Bank of Libya issued Periodic Letter No. 108/2014 to mandate commercial banks and their temporary administrative committees to submit a revised personal questionnaire for all individuals appointed as board members or general managers. The letter requires strict compliance with the enclosed form, which collects comprehensive personal, educational, professional, and legal/financial data to verify suitability for leadership roles. Appointees must ensure the completed questionnaire is forwarded to the Banking and Currency Supervision Department, with supporting documents attached, in accordance with Law No. 1 of 2005 and previous regulatory directives.
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