2022-08-15

Proper Conduct of Banking Business Directive 203 Update

The Banking Supervision Department issued Circular C-06-2722 to amend Proper Conduct of Banking Business Directive 203 regarding measurement and capital adequacy. The update corrects an omission in Appendix C, Section 104 by adding a reference to Section 65a. These changes became effective upon the publication of the circular on May 22, 2022.

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