In November 2013, the Bank issued a new Guideline on Maintenance of Accounting and Other Records and Internal Control Systems. The purpose of this Guideline is to incorporate up-to-date best practices into the existing Guidance Note on General Principles for Maintenance of Accounting and Other Records and Internal Control Systems, issued by the Bank in November 1994.
Revised guidelines 7.5 Guidelines on Section 46(2) of the Banking Act 2004 – Appointment or Reappointment of Senior Officers. The guideline was reviewed in July 2013 to enhance the definition of a senior officer and to introduce a cooling period for a senior officer who has taken up employment in another financial institution.