Regulatory Alerts2005-08-10
Circulaire No. 001/05-CSBF Establishing Procedures and Deadlines for Transmitting Periodic Financial Statements Under Instruction No. 002/05-CSBF of June 1, 2005.
The President of the Banking and Financial Supervision Commission (CSBF) establishes the procedures and deadlines for transmitting periodic financial statements by credit institutions, mandating electronic or computer-media submission within 15 days of the closing date. The directive requires authorized representatives to securely transmit passwords separately and ensures all data is recorded in Microsoft Excel-compatible formats without altering pre-established templates. A transitional provision applies to August, September, and October 2005 statements, requiring dual submission on both paper and electronic media.
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