Name | Conditions for the Establishment of Affiliates, Branches and Representative Offices |
Description | A 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 From | 26-12-2006 |
Validity To | 31-12-9999 |
Reference | Article 32 |
Status | Active |
Measure Type | Other measures |
Agency Name | Bank of the Lao PDR |
Legal Document | Law On Commercial Banks No. 03/NA, dated 26 December 2006 |
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