26
THURSDAY, MARCH 19, 1987
EVENTS IN 1986
* MAJOR RESTRUCTURING OF CERTAIN BANKS TO OVERCOME
IDENTIFIED PROBLEMS.
*
NEW LICENCES AND REGISTRATIONS REVOCATION.
*
REVIEW OF COMFORT LETTERS.
*
*
THE ENACTMENT OF THE BANKING ORDINANCE 1986; THE NEW STATISTICAL RETURN.
CLOSE LIAISON WITH OTHER BANKING SUPERVISORY BODIES OVERSEAS.
*
THE MAINTENANCE OF A PUBLIC REGISTER OF ALL BANKS AND DEPOSIT-TAKING COMPANIES.
* THE GUIDELINE ON CODE OF CONDUCT FOR BANK STAFF.
THE REPORT
* THE BANKING SCENE IN 1986.
* POLICY OF THE GOVERNMENT TO MAINTAIN STABILITY OF THE
BANKING SECTOR.
*
DECISION NOT TO INTRODUCE THE DEPOSIT INSURANCE SCHEME.
INVESTIGATIONS INTO CRIMINAL CASES IN THE FINANCIAL SECTOR.
*
*
*
FOLLOW-UP AMENDMENTS TO THE BANKING ORDINANCE 1986.
SIZE CRITERION OF NEW APPLICATIONS FOR BANKING LICENCE.
* FACTORS THAT AFFECT THE SUPERVISORY ROLE.
* GUIDELINES UNDER CONSIDERATION.
MR FELL SAID SUPERVISION WAS BASED ON A SYSTEM OF EXAMINATIONS AND THE REPORT GAVE THE NUMBER OF EXAMINATIONS MADE UNDER THIS ROUTINE.
+EXAMINATION OF INSTITUTIONS IS, OF COURSE, ONLY ONE OF THE TOOLS USED IN THE SUPERVISORY SYSTEM AND NOT ALL INSTITUTIONS ARE EXAMINED EVERY YEAR.
/+IN ADDITION
F
No comments yet.
Private notes are available after approval.