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minimise or eliminate, risks to a licensed financial institution from its membership in a corporate group.

(2) For purposes of consolidated supervision, the prudential requirements specified in section 72 shall be applied on a consolidated basis to: (a) a licensed financial institution and its affiliates; and (b) a licensed financial holding company of a licensed financial institution and its affiliates. 72. (1) The prudential requirements to be applied on a consolidated basis include: (a) minimum capital adequacy ratio of section 46; (b) liquidity requirements of section 48; (c) exposure limits of section 49; (d) related-party lending limits of section 50; (e) prohibition on payment of dividends or transfers of profit under section 45; and (f) other prudential requirements as may be determined by the Central Bank to be necessary or appropriate. (2) The Central Bank shall determine the manner in which the prudential requirements shall be applied on a consolidated basis, which may include any modifications, adaptations, qualifications and exceptions as may be necessary or appropriate to provide for effective supervision on a consolidated basis. Prudential requirements

73. (1)

Reporting of group structures

For purposes of consolidated supervision, each licensed financial institution which is a member of a corporate group shall provide to the Central Bank at least twice a year: (a) a complete diagram of the group, including all direct and indirect

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