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Reporting by participating institutions.
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207.— (1) The Regulatory Authority may direct a participating institution in writing to make any report that the Regulatory Authority considers necessary to monitor the institution’s compliance with its obligations under or by virtue of this Part.
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(2) A direction under subsection (1) shall specify the information to be provided in the report and the period within which the report shall be submitted to the Regulatory Authority.
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(3) A participating institution that is directed to make a report under subsection (1) shall comply with the direction.
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(4) The Minister may direct the Regulatory Authority to require such other reports from a participating institution as the Minister considers necessary.
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(5) The Minister may make regulations providing for the making by participating institutions of periodic reports, the frequency and form of such reports and the matters that such reports shall address.
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(6) If the Minister makes regulations under subsection (5), the matters prescribed may include liquidity requirements, capital ratios, asset quality, risk exposures and funding costs.
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