Intellectual Property Rights from Publicly Financed Research and
R 385
Financial Sector Regulation Act, 2017 (Act No. 9 of 2017)RegulationsDeposit Insurance Regulations, 2024Chapter VII: Reporting31. Details of beneficiary of formal beneficiary account of bank in resolution |
| (1) | A formal beneficiary account holder must identify a beneficiary of a formal beneficiary account using the minimum identification criteria, specified in regulation 37(1), and submit the details of the beneficiary, specified in regulation 35(4), to the bank in resolution. |
| (2) | A bank in resolution must submit the details, specified in regulation 35(4), of a beneficiary of a formal beneficiary account to the Corporation. |
