PD-A.2.7

Past version: Effective from 01 Apr 2008 to 30 Sep 2010
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The bank should decide which disclosures are relevant for it based on the materiality concept and subject to the concurrence of the bank's external auditors. For the banks' guidance, information would be regarded as material if its omission or misstatement could change or influence the assessment or decision of a user relying on that information for the purpose of making economic decisions.

April 2008