Search results
Results From The WOW.Com Content Network
An Act to make provision about banking. Citation: 2009 c. 1: Introduced by: Alistair Darling (Chancellor of the Exchequer) and Lord Davies of Oldham: Territorial extent England and Wales Scotland Northern Ireland (Sections 253 and 254 extend to Scotland only) Dates; Royal assent: 12 February 2009: Commencement: Certain provisions on 21 February ...
Original file (1,239 × 1,752 pixels, file size: 5.23 MB, MIME type: application/pdf, 377 pages) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
The Personal Data Protection Act 2010 [6] [Act 709] does not apply to the processing of credit information by a credit reporting agency under section 76 of the Act. The provisions of the Act do not apply to the Central Credit Reference Information System (CCRIS) established under section 47 of the Central Bank of Malaysia Act 2009 [ 7 ] [Act ...
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1] In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base.
The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. [3] The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country; promote monetary stability and a sound financial environment, and act as a banker of last resort ...
The Central Bank of Nigeria Act 1958 (No 24) or CBN Act established the Central Bank of Nigeria. [1] The bank commenced operations on July 1, 1959. The Central Bank of Nigeria Act 1958 was repealed by section 54(2) Archived 2018-07-02 at the Wayback Machine of the Central Bank of Nigeria Decree 1991 . [ 1 ]
The committee expanded its membership in 2009 and then again in 2014. As of 2019, the BCBS has 45 members from 28 jurisdictions, consisting of central banks and authorities with responsibility of banking regulation. [3] The committee agrees on standards for bank capital, liquidity and funding. Those standards are non-binding high-level principles.
It operates under the Nigeria Deposit Insurance Corporation Act (1990). [3] The NDIC is a member of the Financial Reporting Council of Nigeria. [4] The NDIC complements the regulatory and supervisory role of the Central Bank of Nigeria (CBN), although it reports to the Federal Ministry of Finance. The NDIC advises the CBN in the liquidation of ...