Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)RegulationsDeposit Insurance Regulations, 2024Chapter III: Application of Fund when reimbursing covered deposits in accordance with Section 166AA(1)(b) of Act16. Exchange of information |
| (1) | The Corporation must regularly inform the liquidator or resolution practitioner of a bank in resolution about amounts reimbursed to an individual qualifying depositor. |
| (2) | The Corporation may request information from the liquidator or resolution practitioner of a bank in resolution for the purposes of a reimbursement or when considering a dispute submitted in accordance with regulation 14. |
| (3) | Unless expressly otherwise determined by the Corporation, the liquidator or resolution practitioner of a bank in resolution must furnish the Corporation with the requested information within 10 business days of receiving a request referred to in subregulation (2). |