Professional Documents
Culture Documents
AMLA and New Central Bank Act
AMLA and New Central Bank Act
Termination of Conservatorship
(c) When MB is satisfied that the institution can
continue to operate on its own and the
conservatorship is no longer necessary; or
(d) When MB determines that the continuance in
business of the institution would involve probable
loss to its depositors or creditors, in which case
proceedings for receivership and liquidation shall
be pursued.
Bank Closure
Receivership