Committee
Legal & Regulatory Affairs
Focus areas
- Legislative developments
- Regulatory consultations
- Contract and documentation practice
- Competition-law compliance
Purpose
Examines the legal and regulatory framework that governs banking in The Gambia. It coordinates the industry's legal analysis of proposed laws and regulations.
Responsibilities
The committee draws on the expertise of legal and regulatory specialists in member banks, working with frameworks such as the Banking Act 2009 and the Central Bank of The Gambia Act 2018.
- Analyse proposed legislation and regulation affecting banks
- Coordinate legal input to industry consultation responses
- Advise the Association on governance and legal matters
- Promote awareness of competition-law obligations in industry cooperation