Paper
Board Resolution: Approval of Regulation 15 "Credit Organizations' Statements - Reporting and Release"
What does the Armenian law stipulate about credit organizations' statements?
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This paper presents the provisions of Regulation 15, which deals with the reporting and release of credit organizations' statements. The paper presents the following aspects of the regulation:
- General provisions;
- Form and periodicity of presentation of statements to the Central Bank;
- Method of completion and presentation of statements;
- The structure of the file code;
- The contents of each statement;
- Stipulations for the reporting of statements;
- Rules for the time frame of reporting;
- Necessity for credit organizations to release information on their prudential economic standards, terms of borrowing and lending, interest rates, etc.
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