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Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)

Regulations

Deposit Insurance Regulations, 2024

Chapter V: Governance and Oversight Requirements

19. Declaration when bank has no qualifying depositors

 

(1) If a bank did not have qualifying depositors for a particular reporting date, it must submit to the Corporation, Declaration A1.

 

(2) A bank’s chief executive officer and chief financial officer, or equivalent, must sign Declaration A1.