Back Custom print Link Text Only Rich Text Print

  • BR-6.3 BR-6.3 Accuracy of Information

    • BR-6.3.1

      Banks must take reasonable steps to ensure that all information they give the CBB is:

      (a) Factually accurate or, in the case of estimates and judgements, fairly and properly based after appropriate enquiries have been made by the bank; and
      (b) Complete, in that it should include anything of which the CBB would reasonably expect notice.
      Added: October 2011

    • BR-6.3.2

      If a bank becomes aware, or has information that reasonably suggests that it has or may have provided the CBB with information that was or may have been false, misleading, incomplete or inaccurate, or has or may have changed in a material way, it must notify the CBB immediately. The notification must include:

      (a) Details of the information which is or may be false, misleading, incomplete or inaccurate, or has or may have changed;
      (b) An explanation why such information was or may have been provided; and
      (c) The correct information.
      Added: October 2011

    • BR-6.3.3

      If the information in Paragraph BR-6.3.2 cannot be submitted with the notification (because it is not immediately available), it must instead be submitted as soon as possible afterwards.

      Added: October 2011