Regulatory Alerts2020-05-25 | 12/6Added · Updated
On Amendments to the Regulation on the Procedure for Destroying Blank Forms of Ordinary Bills of Exchange and Deposit Certificates of Banks
This resolution amends the Regulation on the Procedure for Destroying Blank Forms of Ordinary Bills of Exchange and Deposit Certificates of Banks by updating Clause 3 to require blank forms of redeemed, unsuitable, and unused securities to be marked with the inscription "Redeemed," and updating Clause 21 to mandate that the certificate be certified by the signature of the Bank Board Chairman. The amendments apply to all banks and enter into force from the date of official publication on June 10, 2020.
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