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  • Supplementary Information

    • BR-1.2.3

      In addition to the statements required in Paragraph BR-1.2.2, branches are also required to submit to the CBB within 3 months from their financial year end the following information:

      (a) The external auditor's management letter;
      (b) [This sub-paragraph was deleted in April 2019];
      (c) A reconciliation statement between the audited financial statements and the relevant prudential returns and monthly statistical returns;
      (d) [This Subparagraph was replaced by Paragraph BR-1.2.3A in April 2012];
      (e) A statement of provisions as set out in Paragraph BR-1.2.4, below; and
      (f) The remuneration agreed upon procedures as required under Paragraph BR-4A.3.1.
      (g) Report on the number of hours completed during the previous year in Continuous Professional Development (CPD) via CPD Form in Appendix BR-22 by the approved persons as required under Paragraph TC-1.2.1.
      (h) [This Sub-paragraph was deleted in January 2022].
      Amended: January 2022
      Amended: April 2019
      Amended: October 2018
      Amended: July 2018
      Amended: April 2017
      Amended: October 2014
      Amended: January 2014
      Amended: April 2012
      Amended: April 2011
      Amended October 2010
      October 2007

    • BR-1.2.3A

      Branches of foreign banks are also required to submit to the CBB the head office's Annual Report within 1 month of the date of publication and distribution by the head office.

      Added: April 2012