BR-5.2.3
All banks must notify the CBB of any write-off of a credit facility in excess of BD100,000 (or equivalent in other currencies) and must obtain the CBB's prior approval for write-offs concerning certain parties connected to the concerned bank or other entities (see Section CM-7.1 for full details).
Amended: July 2012
Amended: April 2008
October 07
Amended: April 2008
October 07