Section 38: Correction of disclosure statement

38. Correction of disclosure statement Where the central bank considers that a disclosure statement or quarterly report under section 37 published by a financial institution— (a) contains information that is incorrect, false or misleading; or (b) does not contain information which it is required to contain, whether or not the information contained in the disclosure statement is incorrect, false or misleading as a result of the omission, [Issue 9] B3 – 32 Revised Laws of Mauritius the central bank may, without prejudice to any action it may take under the banking laws, by notice to the financial institution, require the financial institution to— (i) publish a disclosure statement that does not contain incorrect, false or misleading information; (ii) publish a disclosure statement that contains the information that was omitted; or (iii) take such other corrective action as the central bank may specify in the notice.