Regulatory Alerts2018-07-25
National Bank of Rwanda Regulation No 2100/2018 on Reporting Requirements
The National Bank of Rwanda issued Regulation No 2100/2018 to establish a centralized electronic data warehouse through which supervised institutions must submit accurate, complete, and timely financial information. The regulation mandates automated or non-automated data transmission channels, specifies strict submission timelines for daily, monthly, and quarterly reports, and requires institutions to maintain robust core IT systems and validated data sources. It outlines procedures for switching reporting channels, requests for supplementary information, financial sanctions for non-compliance, and a defined transition period before full implementation.
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