Central banks and other policymakers around the world have been grappling for more than five years now with an economic crisis that is constantly mutating, and it’s still not clear exactly how the crisis is going to evolve from here.
Each director is required to sign and make certain attestations in the disclosure statements, including: ·  whether the bank is complying with the prudential requirements imposed on it by the Reserve Bank;  ·  whether the bank has systems in place to adequately monitor and control its banking risks and whether those systems are being properly applied;  ·  whether the bank's exposure to connected parties is contrary to the interests of the bank; and  ·  whether the disclosure statement contains all the required disclosures and is not false or misleading.