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Banking Services Regulatory Measures

Section 34 of the Monetary Authority Act 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.

Below is an index of measures that contains a checklist for Rules, Statements of Guidance, Regulatory Policies, Regulatory Procedures and Forms that pertain to the Banking Services sector.


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 acts.

Statement of Guidance ("SOG") 

Guidance intended to assist licensees to comply with relevant acts, 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.

Regulatory Policy 

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.

Regulatory Procedure

A set of actions, activities or tasks that the Authority will carry out in performing its regulatory and co-operative functions.

Note: The following items marked with NEW have been recently added or updated.
LEGISLATION  click for link
  Rule SOG Policy Procedure Form
Licensing - Banking     View    
Fitness and Propriety     View View

Personal Questionnaire


Declaration of Source of Wealth & Source of Funds

Consolidated Supervision     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    
Nature, accessibility and retention of records   View      
Business Continuity Management   View      
Deregistration of Controlled Subsidiaries and Private Trust Companies       View  
Outsourcing – Regulated Entities   View      
Corporate Governance - (Effective: 14 October 2023) View        
Cybersecurity for Regulated Entities View View      
Marketing Policies of Licensees     View    
Responsibilities of Authorised Agents of Banks and Trust Companies   View      
Internal Audit   View      
Internal Controls (Effective: 14 October 2023) View View      
Succession Planning   View      
Rule and Regulatory Policy on Domestic Systemically Important Deposit-Taking Institutions (Effective: 27 May 2024) View   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      
Large Exposures View View      
Liquidity Risk Management View View      
Major Acquisition and Investments     View    
Operational Risk Management View View      
Leverage Ratio View View      
Prudential Reports and Statistical Returns     View    
Locational Banking Survey        


DBA Survey        


Reporting Schedule        


Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)   View     View
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