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This regulation provides guidelines for corporate governance for banks in South Sudan, outlining the fiduciary duties of directors and senior management, the structure and responsibilities of the Board of Directors, senior management roles, the establishment of committees, and the requirements for risk management and internal controls, in compliance with the Banking Act 2012.
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What is regulation no 9?
Regulation No 9 refers to specific regulatory guidelines established by governing bodies that outline the requirements for particular reporting or compliance standards.
Who is required to file regulation no 9?
Entities or individuals subject to the regulatory jurisdiction that Regulation No 9 applies to are required to file, such as corporations, financial institutions, or specific professionals.
How to fill out regulation no 9?
Regulation No 9 should be filled out by providing all required information as detailed in the accompanying instructions, ensuring accuracy and completeness before submission.
What is the purpose of regulation no 9?
The purpose of Regulation No 9 is to ensure compliance with legal standards and to promote transparency and accountability in the reporting process.
What information must be reported on regulation no 9?
Information typically required includes financial data, operational summaries, compliance details, and any other specifics outlined in the regulation guidelines.
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