• Books and Records

    • LR-2.8.1

      Article 59 of the CBB Law requires that conventional bank licensees must maintain comprehensive books of accounts and other records, and satisfy the minimum record-keeping requirements contained in Article 60 of the pre-mentioned Law and Module OM. Books of accounts must comply with the financial accounting standards issued by the International Financial Reporting Standards (IFRS)/International Accounting Standards (IAS), as updated from time to time.

      Amended: January 2014
      Amended: July 2012
      Amended: July 2011
      October 2007