First Citizens Bank, Independence Square. Photo: Jeff K Mayers The Bank of Guyana claims First Citizens did not inform the financial sector regulator about its decision to buy Scotiabank's assets in that country. In a statement on Thursday, Guyana's Central Bank said despite a notice from First Citizens published in the TT press, where the TT bank announced its intention to acquire Scotia's assets in Guyana, the regulator was not informed. "First Citizens does not have a licence to operate in Guyana. First Citizens has not submitted an application in keeping with the requirements of the Financial Institutions Act to the Bank of Guyana to acquire control of a bank operating in Guyana," the statement said.