Section 109, The Banking Act, 2019

(1) Unless otherwise authorised in writing by the Central Bank a bank or financial holding company shall not later than 3 months after the end of its financial year - (a) cause to be published on its website and in at least 3 daily newspapers with a nationwide circulation; (b) exhibit in a conspicuous position in each of its offices and branches; and (c) forward to the Central Bank, copies of the bank's or financial holding company's duly signed audited financial statement. (2) A published financial statements of a bank or financial holding company shall disclose in detail, administrative penalties as a result of contravention of this Act and any policy guidelines in force during the financial year in question and the external auditor's report shall reflect such contravention. (3) The financial statement of a bank or financial holding company shall bear on its face the report of an approved external auditor and shall contain statements on such matters as may be specified by the Central Bank. comply with any of the requirements of this section is in respect of each such failure liable to an administrative penalty for each day during which the non-compliance continues. 110 . The Central Bank shall lay down the guidelines to be followed by banks in respect of accounting policies, practices, presentation of annual accounts, financial statements and disclosure of information in the annual accounts.