CRD Welcome Package

PART VIII CORPORATE GOVERNANCE Minimum criteria for determining whether a person is fit and proper 97. Criteria for determining whether a person is fit and proper to be controlling or 98. significant shareholder Determining whether business carried out in prudent manner 99. Requirement for fit and proper policy 100. Notification to Central Bank of appointment of officers and directors 101.

Responsibility of board for corporate governance 102. Removal and disqualification of director or officer 103.

Right to make representation 104. Notice of confirmed removal 105. Person to be removed from office 106. Effective date of removal 107.

Failure to comply with a direction 108. Failure to comply with section 101 109. Declaration and registration of related interest and conflict of interest by 110. Director Responsibility for deceiving statements and obstruction of audit or authorised 111. examination. Management's duty of compliance with the requirements of the laws. 112. Liability of directors, officers and partners. 113.

PART IX OFFICIAL ADMINISTRATION

Grounds for appointing an official administrator 114. Notice of appointment of official administrator 115. Effective date of appointment 116. Persons qualified to be official administrator 117. Period of appointment 118. Replacement and removal of official administrator 119. Official administrator to be fit and proper 120. Declaration of conflict of interest 121. Transactions to be approved by Central Bank 122.