CRD Welcome Package

(a) not later than fourteen days after the last day of the month to which it relates, a monthly statement of assets and liabilities at the end of each month; (b) not later than fourteen days after the end of the quarter to which it relates, a quarterly return providing an analysis of customers' liabilities to the licensed financial institution in respect of loans, advances and other assets of the licensed financial institution at the end of each quarter; (c) not later than fourteen days after the end of the quarter to which it relates, a quarterly return providing information on all exposures that equal to or are in excess of ten per cent of the capital base of the licensed financial institution; (d) within such period as the Central Bank may determine that other returns may be required. (4) All statements and returns submitted by a licensed financial institution under subsection (3), any data or information submitted by a licensed financial institution or affiliate under subsection (1) or (2), and any other information obtained under this Act regarding the identity, assets, liabilities, transactions or other information in respect of a depositor or customer of a licensed financial institution shall be regarded by the Central Bank as secret.

(5)

Notwithstanding subsection (4) (a) the Central Bank may: (i)

provide international financial institutions, foreign banking supervisors and any other local or foreign authorities responsible for the supervision or regulation of a licensed financial institution, or for maintaining the integrity of the financial system with such statements, returns, data and information; and provide access, to any officer of a foreign authority responsible for the supervision or regulation of a foreign financial institutions in order to assess the safety and soundness of a foreign financial

(ii)

68