The Monetary Board approved the following amendments to Sections X326 to X338 of the Manual of Regulations for Banks. Dealings of a bank with any of its directors, officers, Stockholders and their Related Interests (DOSRI) should be in the regular course of business. Related Interest shall refer to any of the following: (1) spouse or relative within the first degree of consanguinity affinity, or relative by legal adoption, of a director, officer, or stockholder of the bank
The Monetary Board approved the following amendments to Sections X326 to X338 of the Manual of Regulations for Banks. Dealings of a bank with any of its directors, officers, Stockholders and their Related Interests (DOSRI) should be in the regular course of business. Related Interest shall refer to any of the following: (1) spouse or relative within the first degree of consanguinity affinity, or relative by legal adoption, of a director, officer, or stockholder of the bank
The Monetary Board approved the following amendments to Sections X326 to X338 of the Manual of Regulations for Banks. Dealings of a bank with any of its directors, officers, Stockholders and their Related Interests (DOSRI) should be in the regular course of business. Related Interest shall refer to any of the following: (1) spouse or relative within the first degree of consanguinity affinity, or relative by legal adoption, of a director, officer, or stockholder of the bank