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Law library · Sierra Leone · The Banking Act, 2019

Section 34, The Banking Act, 2019

Status not yet checkedThe Banking Act, 2019, Sierra Leone

(1) A bank or financial holding company that is a memberof a financial group shall provide to the Central Bank, biannually or at such other times as the Central Bank may prescribe, a complete description of its organisational structure including- (a) direct and indirect affiliates; (b) the nature of its relationship with the other members of the financial group; and (c) any other information the Central Bank may require. (2) A bank or financial holding company shall report to the Central Bank, any changes to the organisational structure of the financial group of which it is a member, within such time as may be prescribed by the Central Bank.

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