Regulatory Alerts1992-05-25
Directive No. 4-/DSB/92: Chart of Accounts for Financial Institutions - Monthly Balance Sheets
The Banking Supervision Directorate of the Central Bank has standardized a monthly balance sheet template for financial institutions to harmonize accounting procedures and facilitate data collection. Financial institutions are required to prepare the standardized balance sheet reflecting their overall asset, liability, income, and extra-balance sheet positions, and submit it signed by the Accounting Director by the 15th day of the month following the reporting period. This directive mandates immediate compliance and enters into force as of January 1993.
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