ANY SCIENCE

Banks may be required to:
1. Prepare annual financial statements according to a financial reporting standard, have them audited, and to register or publish them
2. Prepare more frequent financial disclosures, e.g. Quarterly Disclosure Statements
3. Have directors of the bank attest to the accuracy of such financial disclosures
4. Prepare and have registered prospectuses detailing the terms of securities it issues (e.g. deposits), and the relevant facts that will enable investors to better assess the level and type of financial risks in investing in those securities.
Credit rating requirement
Banks may be required to obtain and maintain a current credit rating from an approved credit rating agency, and to disclose it to investors and prospective investors. Also, banks may be required to maintain a minimum credit rating.
Large exposures restrictions
Banks may be restricted from having imprudently large exposures to individual counterparties or groups of connected counterparties. This may be expressed as a proportion of the bank's assets or equity, and different limits may apply depending on the security held and/or the credit rating of the counterparty.
Related party exposure restrictions
Banks may be restricted from incurring exposures to related parties such as the bank's parent company or directors. Typically the restrictions may include:
Exposures to related parties must be in the normal course of business and on normal terms and conditions
Exposures to related parties must be in the best interests of the bank
Exposures to related parties must be not more than limited amounts or proportions of the bank's assets or equity.