Guidelines for the establishment of cross border institutions, by banks incorporated in the Republic

 

Guidelines for the establishment of cross border institutions, by banks incorporated in the Republic

The paragraphs of the above Guidelines (including the paragraphs under section 3.1 with respect to the holding of capital in a subsidiary bank and all the paragraphs of part 4) prescribing requirements under section 13 of the Banking Laws of 1997 to 2009 (currently referred to as "the Business of Credit Institutions Laws of 1997 to (No 2) of 2017" following subsequent amendments) are no longer applicable, in view of the fact that the said section has been deleted from the aforementioned Laws.