Section 35: Monthly statements
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
35. Monthly statements
(1) Every financial institution shall, not later than the tenth working day of
each month, forward to the central bank a statement, in such form and in such
medium as the central bank may approve, showing the assets and liabilities of
all its offices and branches in Mauritius together with an analysis of
advances, bills discounted and any other credit as at the close of business on
the last working day of the preceding month.
(2) Every financial institution shall furnish the central bank, within such
period and in such manner as it may require, with such additional statements
and information relating to the operations of the financial institution and
those of its affiliates in Mauritius or its branches and affiliates outside Mauritius as the central bank may consider necessary or expedient to obtain for
the purposes of the banking laws and for carrying out effective consolidated
supervision.
[S. 35 amended by s. 3 (k) of Act 18 of 2016 w.e.f. 7 September 2016.]
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Questions this section answers
- Must a bank report its assets and liabilities to the central bank every month?