Section 34 of the Monetary Authority Law enables the Authority to issue or amend Rules, Statements of Guidance and Statements of Principle. In addition, Section 48 provides for the issuance of a Regulatory Handbook to contain the policies and procedures of the Authority in carrying out its regulatory and co-operative functions.
A clear and precise directive issued to licensees on a subject matter that the Authority considers essential for the prudential supervision of regulated entities and which creates binding obligations on all licensees and for which a breach may lead to the imposition of a fine or regulatory action being taken against the licensee by the Authority pursuant to the exercise of its powers under the regulatory laws.
Guidance intended to assist licensees to comply with relevant laws, regulations, rules and statements of principles or to describe standards for conduct of business. Guidance contains recommendations on how licensees should operate and represent a measure against which the Authority will assess compliance by licensees.
A set of principles, a criteria, or approach to guide decisions and actions taken by the Authority in performing its regulatory and co-operative functions.
A set of actions, activities or tasks that the Authority will carry out in performing its regulatory and co-operative functions.
|LEGISLATION click for link|
|Licensing - Banking||View|
|Fitness and Propriety||View||View||
|Minimum Standards Physical Presence s6(6) BTCL||View|
|Issuing notices of decisions to declined applicants||View|
|Approval of an auditor||View|
|Approved Stock Exchanges||View|
|List of Approved Stock Exchanges||View|
|Regulatory Policy - Criteria for Approving Changes in Ownership and Control||View|
|Use of Restricted Words||View|
|Outsourcing – Regulated Entities||View|
|Nature, accessibility and retention of records||View|
|Cybersecurity for Regulated Entities||View||View|
|Marketing Policies of Licensees||View|
|Responsibilities of Authorised Agents of Banks and Trust Companies||View|
|Business Continuity Management||View|
|Country and Transfer Risk Management||View||View|
|Credit Risk Management||View||View|
|Foreign Exchange Risk Management||View|
|Interest Rate Risk Management||View||View|
|Investment Securities and Derivatives Risk Management||View||View|
|Liquidity Risk Management||View||View|
|Major Acquisition and Investments||View|
|Operational Risk Management||View||View|
|Prudential Reports and Statistical Returns||View|
|Locational Banking Survey|
|Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)||View||View|