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ފަސްޓް އެމެންޑްމަންޓް ޓު ދަ ޕްރޫޑެންށަލް ރެގިއުލޭށަން އޮން އެސެޓް ކްލެސިފިކޭށަން، ޕްރޮވިށަނިންގ އެންޑް ސަސްޕެންށަން އޮފް އިންޓްރަސްޓް ރެގިއުލޭށަން (ރެގިއުލޭށަން ނަންބަރު 5/2009) އަށް 1 ވަނަ އިސްލާހު ގެނައުމުގެ ގަވާއިދު 

(ގަވާއިދު ނަންބަރު 32/2012)

 

Prudential Regulation on Asset Classification, Provisioning and Suspension of interest (Regulation No. 5/2009) is hereby amended as follow

 

Clause 1

Amend the last sentence of last paragraph of 3 (d) under the heading Doubtful under part III as follows, to correct a typographical error

Guarantees must be honored within 30 days of call to preclude a Doubtful classification.

 

Clause 2

Insert the following provisions after 7 of part III

8 Power to temporarily extend deadline for compliance

The Board of Directors of the MMA have the power to grant flexibility for a reasonable period in cases where the MMA determines that there is a valid reason for temporary non-compliance to any requirement under this regulation

 

Clause 3

This amendment shall commence upon it being published in the Gazette of the Government of Maldives

 

 

މައި ގަވާއިދު

ޕްރޫޑެންށަލް ރެގިއުލޭށަން (ރެގިއުލޭށަން ނަންބަރު 5/2009)

ރިފަރެންސް

ކިޔުންތެރިންގެ ހިޔާލު