| Cover page | 1 |
| ECCBLIB-#1078648-v1-ECCBLIB-#977647-v2-CRD_-_Organisational_Chart_ | 4 - 5 |
| Job Description - Country Manager | 6 |
| CRD Procedures Manual | 24 |
| Management Team | 244 - 245 |
| ECCBLIB-#1041572-v1-PDF_Style_Guide_(June_2021) | 246 |
| Cover | 246 |
| Table of Contents | 247 |
| Bank's Logo | 248 |
| Letters | 248 |
| Memoranda | 252 |
| Minutes | 254 |
| Circulation Sheet | 254 |
| Title Pages | 255 |
| Grammar | 255 |
| Currency and Figures | 259 |
| Typing Weights and Measurements | 260 |
| Use of Emails | 260 |
| Email Signature | 261 |
| Minutes | 261 |
| Template for Papers | 261 |
| PowerPoint Presentations | 261 |
| Referencing | 261 |
| Correct Names of ECCu Countries | 262 |
| Hyperlinking a Document | 262 |
| ECCBLIB-#1078644-v1-Banking_Bill_2015 | 263 |
| PART I | 272 |
| PRELIMINARY | 272 |
| 1. Short title and commencement | 272 |
| 2. Interpretation | 272 |
| PART II | 280 |
| LICENCES | 280 |
| 3. Requirement for licence | 280 |
| 4. Examination of books of person carrying on banking business without a licence | 281 |
| 5. Appointment of receiver for failure to hold licence | 282 |
| 6. Repayment of funds obtained without licence | 282 |
| 7. Application for licence | 282 |
| 8. Grant or denial of licence | 284 |
| 9. Licence fees and penalty for default | 285 |
| 10. Permissible activities | 286 |
| 11. Conditions for licence | 287 |
| 12. Variation of conditions for licence | 287 |
| 13. Register of licensed financial institutions | 287 |
| 14. Revocation of licence | 287 |
| 15. Requirement to inform Minister for Finance | 289 |
| 16. Restricted words, names, and practices | 289 |
| 17. Display of licence certificate | 291 |
| 18. Offices and branches deemed one licensed financial institution | 291 |
| 19. Authorisation of location and approval of new business premises | 291 |
| PART III | 293 |
| OWNERSHIP STRUCTURES | 293 |
| 20. Ownership or control of licensed financial institutions | 293 |
| 21. Written application for approval | 293 |
| 22. Criteria for approval for ownership or control | 294 |
| 23. Granting of approval | 294 |
| 24. Person with control to be fit and proper | 294 |
| 25. Grounds for disapproval of a transfer | 295 |
| 26. Prohibition against selling below supervisory threshold | 295 |
| 27. Group holdings to be deemed holdings of single member | 295 |
| 28. Quarterly reports on ownership and control | 295 |
| 29. Report by foreign licensed financial institution on change of control | 296 |
| 30. Sanctions | 296 |
| 31. Prohibition against transfer and acquisition of interest | 296 |
| 32. Non applicability of this Part to government or other persons | 297 |
| 33. Variation of supervisory thresholds | 297 |
| 34. Approval of application for licence by financial holding company | 297 |
| PART IV | 297 |
| FINANCIAL HOLDING COMPANIES | 297 |
| 35. Requirement for licensing of financial holding companies | 297 |
| 36. Application for licence by financial holding companies | 299 |
| 37. Considerations to grant licence to financial holding company | 301 |
| 38. Grant or denial of licence to financial holding company | 301 |
| 39. Conditions for licence to financial holding company | 302 |
| 40. Restriction on activities of financial holding companies | 303 |
| 41. Limitation of risk to licensed financial institution | 304 |
| 42. Revocation of licence of financial holding company | 305 |
| 43. Actions of fundamental change requiring approval | 306 |
| PART V | 307 |
| FINANCIAL REQUIREMENTS AND LIMITATIONS | 307 |
| 44. Minimum paid-up or assigned capital | 307 |
| 45. Maintenance of reserve fund | 308 |
| 46. Adequacy of capital | 308 |
| 47. Additional capital in respect of special risks | 308 |
| 48. Liquidity requirement | 309 |
| 49. Limit on exposures | 309 |
| 50. Restrictions on exposures to related parties | 310 |
| 51. Restrictions on lending to employees | 311 |
| 52. Prohibition of advances against security of own shares | 311 |
| 53. Prohibition on engaging or investing in trade and outsourcing | 312 |
| 54. Financial subsidiaries permitted | 313 |
| 55. Restrictions on investments in real property | 314 |
| 56. Time limit for compliance with financial requirements | 314 |
| 57. Maintenance of specified assets | 315 |
| 58. Recordkeeping and reporting required | 317 |
| PART VI | 317 |
| AUDIT AND INFORMATION | 317 |
| 59. Annual audit, report and publication of financial statements and results | 317 |
| 60. Appointment of external auditor | 317 |
| 61. Duties of external auditor | 319 |
| 62. Remuneration of external auditor | 320 |
| 63. Immediate reports to Central Bank | 320 |
| 64. Resignation or removal of external auditor | 321 |
| 65. Request for copies of reports | 322 |
| 66. External auditor to report to Central Bank | 322 |
| 67. No liability for breach of duty | 322 |
| 68. Failure to comply with request | 322 |
| 69. Audited financial statements | 323 |
| PART VII | 324 |
| SUPERVISION | 324 |
| 70. Central Bank examination | 324 |
| 71. Consolidated supervision | 324 |
| 72. Prudential requirements | 325 |
| 73. Reporting of group structures | 325 |
| 74. Disclosure and access to books and records by Central Bank examiner for examination | 326 |
| 75. Central Bank’s powers of remedial action | 327 |
| 76. Additional Central Bank remedial actions | 328 |
| 77. Remedial actions against directors, officers, employees or significant shareholders | 329 |
| 78. Additional Central Bank powers of remedial action against directors, officers, employees or significant shareholders | 330 |
| 79. Supplemental powers | 331 |
| 80. Failure to comply with remedial actions | 331 |
| 81. Effective date of order, warning, agreement, direction | 331 |
| 82. Suspension of persons charged with criminal offence etc… | 332 |
| 83. Dismissal of criminal case not a bar to Central Bank action | 332 |
| 84. Persons convicted may be prohibited from banking business | 332 |
| 85. Appointment of observer | 332 |
| 86. Actions required for adequately capitalised licensed financial institutions or affiliates suffering losses | 334 |
| 87. Actions required for under capitalised licensed financial institutions, or affiliates | 335 |
| 88. Notification of removal of directors and officers | 336 |
| 89. Submission of returns and production of information as required by the Central Bank | 337 |
| 90. Central Bank may request further information | 339 |
| 91. Extension of period for providing information. | 339 |
| 92. Disclosure of basis for charges and fees | 339 |
| 93. Restriction on advertising likely to mislead the public | 340 |
| 94. Agreement or arrangement with foreign supervisory authority | 340 |
| 95. Furnishing of statement or return to participating governments | 340 |
| 96. Prohibition against providing false, misleading statements | 341 |
| PART VIII | 341 |
| CORPORATE GOVERNANCE | 341 |
| 97. Minimum criteria for determining whether a person is fit and proper | 341 |
| 98. Criteria for determining whether a person is fit and proper to be a significant shareholder | 343 |
| 99. Determining whether business carried out in prudent manner | 344 |
| 100. Requirement for fit and proper policy | 344 |
| 101. Notification to Central Bank of appointment of officers and directors | 345 |
| 102. Responsibility of board for corporate governance | 345 |
| 103. Removal and disqualification of director or officer | 346 |
| 104. Right to make representation | 348 |
| 105. Notice of confirmed removal | 348 |
| 106. Person to be removed from office | 348 |
| 107. Effective date of removal | 348 |
| 108. Failure to comply with a direction | 348 |
| 109. Failure to comply with section 103 | 349 |
| 110. Declaration and registration of related interest and conflict of interest by director | 349 |
| 111. Responsibility for deceiving statements and obstruction of audit or authorised examination | 350 |
| 112. Management's duty of compliance with the requirements of the laws | 351 |
| 113. Liability of directors, officers and partners | 351 |
| PART IX | 352 |
| OFFICIAL ADMINISTRATION | 352 |
| 114. Grounds for appointing an official administrator | 352 |
| 115. Notice of appointment of official administrator | 354 |
| 116. Effective date of appointment | 354 |
| 117. Persons qualified to be official administrator | 354 |
| 118. Period of appointment | 354 |
| 119. Replacement and removal of official administrator | 354 |
| 120. Official administrator to be fit and proper | 354 |
| 121. Declaration of conflict of interest | 355 |
| 122. Transactions to be approved by Central Bank | 355 |
| 123. Failure of official administrator to disclose interest | 355 |
| 124. General powers of the official administrator | 355 |
| 125. Central Bank oversight of official administration | 357 |
| 126. Suspension of dividends | 357 |
| 127. Moratorium and effect of official administration on proceedings | 357 |
| 128. Suspension of contractual early termination rights | 361 |
| 129. Taking control of the licensed financial institution | 361 |
| 130. Inventory and plan of action to resolve the licensed financial institution or licensed financial holding company | 362 |
| 131. Capital increase by existing shareholders | 365 |
| 132. Recapitalization by new shareholders | 365 |
| 133. Mergers, sales and other restructurings | 367 |
| 134. Mandatory restructuring of liabilities | 368 |
| 135. Misconduct by shareholders, directors, officers or others | 369 |
| 136. Expenses of the official administration | 369 |
| 137. Termination of official administration | 369 |
| PART X | 371 |
| RECEIVERSHIP AND COMPULSORY LIQUIDATION | 371 |
| 138. Grounds of receivership | 371 |
| 139. Qualifications and compensation for receiver | 372 |
| 140. Commencement and notice of receivership | 373 |
| 141. Central Bank oversight of receiver | 374 |
| 142. General powers of receiver | 374 |
| 143. Transfer of assets and liabilities | 376 |
| 144. Effects of receivership | 376 |
| 145. Taking control of the licensed financial institution or licensed financial holding company | 377 |
| 146. Repudiation of contracts | 378 |
| 147. Avoidance of pre-receivership transfers | 379 |
| 148. Obligations of lessors of licensed financial institution or licensed financial holding company premises and utility providers | 381 |
| 149. Protection of payment, clearance, and settlement systems | 381 |
| 150. Determination of claims | 382 |
| 151. Authority to disallow claims | 383 |
| 152. Claims relating to eligible financial contracts | 383 |
| 153. Priorities in payment of claims | 384 |
| 154. Unclaimed funds | 386 |
| 155. Safe deposits and unclaimed property | 386 |
| 156. Termination of receivership and final reporting to the Central Bank | 386 |
| 157. Receiver to notify Central Bank of fraudulent activities | 387 |
| PART XI | 387 |
| VOLUNTARY LIQUIDATION | 387 |
| 158. Voluntary liquidation | 387 |
| 159. Cessation of business operations | 388 |
| 160. Notice to depositors of voluntary liquidation | 388 |
| 161. Rights of depositors and creditors in voluntary liquidation | 388 |
| 162. Distribution of assets | 389 |
| 163. Insufficiency of assets in discharge of obligations in voluntary liquidation | 389 |
| 164. Audited accounts, and conclusion of liquidation | 390 |
| 165. Review of bank resolutions under Parts IX or X | 390 |
| 166. Non-application of Companies Act | 390 |
| PART XII | 391 |
| ABANDONED PROPERTY | 391 |
| 167. Abandoned property | 391 |
| 168. Report, publication and disposal of abandoned property | 392 |
| 169. Abandoned property to vest in the [Crown][State] | 393 |
| 170. Safe deposit boxes | 393 |
| 171. Sale of contents of a safe deposit box | 393 |
| 172. Handling of proceeds of sale of safe deposit box contents | 394 |
| 173. Claims on abandoned property | 394 |
| 174. Failure to file report or to pay property | 395 |
| PART XIII | 395 |
| TRANSFER OF BANKING BUSINESS | 395 |
| 175. Banking business vesting order | 395 |
| 176. Supplementary provision as to transfers | 397 |
| 177. Transfers to be subject to stamp duty | 400 |
| PART XIV | 400 |
| MISCELLANEOUS PROVISIONS | 400 |
| 178. Secrecy of information | 400 |
| 179. Administrative penalties | 401 |
| 180. Administrative penalties to be placed to the credit of Central Bank | 401 |
| 181. Schedule III offences | 401 |
| 182. Working days of licensed financial institutions and licensed financial holding companies. | 403 |
| 183. Regulations | 403 |
| 184. Prudential standards | 404 |
| 185. Court’s powers in legal claims against Central Bank | 405 |
| 186. Bridge financial institutions and asset management vehicles | 406 |
| 187. Participating Government financing of transfers of deposits | 407 |
| 188. Immunity | 407 |
| 189. Non-application of Aliens (Landholding Regulation) | 407 |
| 190. Provisions applicable to credit institution, class of credit institution and financial group | 407 |
| 191. Amendment of Schedules | 408 |
| 192. Repeal and savings | 408 |
| 193. Transitional | 408 |
| SCHEDULE I | 409 |
| Fees for Licensed Financial Institution | 409 |
| SCHEDULE II | 410 |
| Activities | 411 |
| SCHEDULE III | 412 |
| SCHEDULE IV | 413 |
| ECCBLIB-#1078645-v1-ECCB Agreement - 31 Jan 2016_1 | 414 |