Banks Act, 1990 (Act No. 94 of 1990)

Regulations

Regulations relating to banks - 2013

Chapter III : Corporate Governance

43. Public disclosure

Subregulation (2)(a) Scope of application

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(a)Scope of application

 

A bank shall in respect of the required—

(i)qualitative information, disclose to the public—
(A)the name(s) of the controlling company/ public company in the group structure to which the disclosure requirements of these Regulations also apply;

[Regulation 43(2)(a)(i)(A) substituted by regulation 24(g) of Notice No. 297, GG 40002, dated 20 May 2016]

(B)sufficiently detailed information in respect of any restrictions or other major impediments on the transfer of funds or qualifying capital within the banking group;

[Regulation 43(2)(a)(i)(B) deleted by regulation 24(h) of Notice No. 297, GG 40002, dated 20 May 2016 and regulation 43(2)(a)(i)(C) renumbered accordingly]

(ii)quantitative information, disclose to the public such information as may be specified in writing by the Registrar.

[Regulation 43(2)(a)(ii) substituted by regulation 24(i) of Notice No. 297, GG 40002, dated 20 May 2016]