Cap. 376 ст. 24ADuties of officers.

Every officer of a financial institution shall take all reasonable steps:

(a) to secure compliance by the financial institution with all of the provisions of this Act and any regulations and, or Rules issued thereunder, and with the conditions of its licence or registration; and

(b) to ensure that no incorrect information is provided to the competent authority either wilfully or as the result of gross negligence.