Regulatory Alerts2026-05-12
Added · Updated
Circular dated May 12, 2026 confirming expertise requirements for Bank Board of Directors members
The document emphasizes that when nominating members of bank boards of directors, it is necessary to ensure the availability of sufficient expertise specifically in economics, monetary affairs, banking, finance, law, accounting, or information technology. This requirement applies to the members of the boards of directors of banks to enable them to perform their entrusted responsibilities effectively. The issuer requests full compliance with these expertise standards.
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