Regulatory Alerts2013-01-10
Circular 1/2013: Status of Previously Issued Circulars
The Office of the Registrar of Banks issued Circular 1/2013 to confirm the ongoing validity of previously published circulars and directives under the Banks Act, 1990. The document establishes that listed circulars remain effective unless withdrawn or replaced, while directives issued under section 6(6) continue in force until explicitly cancelled in writing by the Registrar. Banks, foreign branches, controlling companies, eligible institutions, and auditors are required to retain copies of these effective instruments and return a signed acknowledgement of receipt.
Share