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NameConditions for the Establishment of Affiliates, Branches and Representative Offices
DescriptionA commercial bank that wishes to establish an affiliate, branch or representative office must have an effective governance structure and internal audit system; have a network system to receive or transfer data and information so as to ensure effective monitoring; and have effectively implemented prudential requirements.
Comments-
Validity From26-12-2006
Validity To31-12-9999
ReferenceArticle 32
StatusActive
Measure TypeOther measures
Agency NameBank of the Lao PDR
Legal DocumentLaw On Commercial Banks No. 03/NA, dated 26 December 2006
This measure applies to Service