Regulatory Alerts2018-01-01
Bank of Zambia Circular 14/2018: 2019 Submission Calendar for Prudential Returns, Financial Statements, and Bank Charges
The Bank of Zambia issued Circular 14/2018 to establish mandatory submission deadlines for commercial banks' monthly prudential returns, quarterly financial statements, credit market monitoring programme reports, and bank charges disclosures throughout 2019. Regulated entities must file these documents via the Bank Supervision Application System or designated email channels according to the published schedule. Non-compliance triggers daily penalties of K500 for late or inaccurate prudential and charges returns, and K1,500 for delayed, incorrect, or improperly published quarterly financial statements.
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