Another  guideline  which  will  strengthen  corporate  governance structures in the banking sector is that on financial publications. This has been updated to include detailed corporate governance disclosures by banks and the inclusion of provisions on corporate governance under the Banks and Specialized Deposit taking Institutions Act, 2016 (Act 930).
The guide for financial publications seeks to ensure that International Financial Reporting Standards (IFRS) are adopted in the preparation and presentation of financial statements. It also seeks to clarify and provide direction as well as bring uniformity in the financial reporting process across the industry. 25.