No.12 BANKING A!-.fr-:_'<l)MENT (c) body, as part or full compensation for the losses suffered by depositors as a result of the banking institution concerned being unable to repay their deposits; and thereafter for the pro rara repayment of the losses of creditors (not including any creditor who is a director or principal officer or principal shareholder of the banking institution or controlling company, or any other person who is an associate or close relative of any of the foregoing, against whom the Registrar or Deposit Protection Corporation has instituted proceedings under this section) of the banking institution or the controlling company concerned. (8) This section is additional to, and shall not be regarded as lirniting(a) the provisions of any other law concerning the duties of directors, officers and shareholders of banking institutions and controlling companies; or (b) the right of a creditor of a banking institution or controlling company to institute proceedings against the institution or company for the recovery of any loss or damage the creditor may have suffered. 208 Disclosure of interests by directors of banking institutions and controlling companies (1) Upon his or her appointment, and annually thereafter, every director of a banking institution or a controlling company shall deliver to the chief executive officer of the institution or company a document in the prescribed form setting out the full extent of the director's assets, business activities and financial and proprietary interests and those of his or her spouse. (2) The chief executive officer of the banking institution or controlling company concerned shall ensure that every document received by him or her in terms of subsection (1) is kept available for inspection by the Reserve Bank at all times: Provided that any such document and the infommtion contained in it shall be strictly confidential to the Reserve Bank and shall not be released to anyone outside the Reserve Bank except with the written consent of the person to whom it relates. (3) Subject to section 73, a banking institution or controlling company that(a) (b) fails, within the first seven days of the period of one hundred and eighty-one days referred to in paragraph (c) below (calculated from the date of the appointment or each anniversary of the appointment, as the case may be), to comply with subsection (1); or contravenes subsection (2); or shall(c) be liable for a civil penalty of fifty United States dollars (or the maximum monetary figure specified from time to time for level four, whichever is the lesser amount) for each day 228 2015