CRD Welcome Package

PART VII SUPERVISION

Central Bank examination 70. Consolidated supervision 71. Prudential requirements 72. Reporting of group structures 73. Disclosure and access to books and records by Central Bank examiner for 74. examination Central Bank’s powers of remedial action 75. Additional Central Bank remedial actions 76. Remedial actions against directors, officers, employees significant 77. shareholders. Additional Central Bank powers of remedial action against directors, officers, 78. employees or significant shareholders Supplemental powers 79. Failure to comply with remedial actions 80. Effective date of order, warning, agreement, direction 81. Suspension of persons charged with criminal offence etc.. 82. Dismissal of criminal case not a bar to Central Bank action 83. Persons convicted may be prohibited from banking business 84. Appointment of observer 85. Actions required for adequately capitalized licensed financial institutions or 86. affiliates suffering losses Actions required for undercapitalised licensed financial institutions, or 87. affiliates Notification of removal of directors and officers 88. Submission of returns and production of information as required by the 89. Central Bank

Central Bank may request further information 90. Extension of period for providing information. 91. Disclosure of basis for charges and fees 92. Restriction on advertising likely to mislead the public 93. Agreement or arrangement with foreign supervisory authority 94. Furnishing of statement or return to participating governments 95. Prohibition against providing false , misleading statements 96.