CENTRAL BANK OF THE COMOROS

CIRCULAR No. 001/2015/BCC/DSBR

REGARDING THE SUBMISSION OF PERIODIC FINANCIAL STATEMENTS BY CREDIT INSTITUTIONS IN APPLICATION OF REGULATION No. 006/2015/BCC/DSBR

Having regard to Law 80-08 of June 26, 1980, relating to currency and the role of the Central Bank of the Comoros in the control of banks and financial establishments, credit, and foreign exchange;

Having regard to Law 13-003/AU regulating banking and financial activities, in its articles 26, 29, 46, and 103;

Having regard to Law 12-008/AU of June 28, 2012, combating money laundering and the financing of terrorism;

Having regard to Law 12-011/AU of June 26, 2012, regulating and organizing credit leasing;

Having regard to the regulation relating to periodic financial statements to be submitted by credit institutions, in its Article 1;

THE GOVERNOR OF THE CENTRAL BANK OF THE COMOROS;

Sets the rules regarding the submission of periodic financial statements by credit institutions.

Article 1.- A financial statement conforming to the model attached as an annex is prepared monthly by credit institutions.

Article 2.- An annual income statement presented according to the model provided in the annex is prepared annually by all subject establishments.

Article 3.- Failure to submit the declarative statements required by Articles 1 and 2 is subject to the sanctions provided for by Law 13-003/AU, notably in its articles 61, 62, 63, 64, 65, and 66.

Article 5.- This circular annuls and replaces Circular No. 001/2009/COB of January 26, 2009.

It enters into force as of its date of signature.

Moroni, January 28, 2015

Mzé Abdou Mohamed Chanfiou

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Place de France, BP 405 MORONI TEL: (269) 773 18 14 - (269) 773 10 02 – FAX: (269) 773 03 49 E-mail: secretariat@banque-comores.km Site: www.banque-comores.km

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DECLARING FINANCIAL INSTITUTION:

Name of the institution: dd.mm.yyyy

A	B	C	D	E	F	G	H	I	J
30	CASH AND INTERBANK
301	Cash
302	Central Bank
303	Public Treasury
304	Ordinary Accounts (BIF)
3041	Banks
3042	IFD
3043	Financial Intermediaries (including Insurance)
3044	Term Accounts and Loans (BIF)
3045	Term Order Accounts
305	Other Financial Institutions (including Insurance)
3051	IFD
3052	Banks
3053	Financial Intermediaries (including Insurance)
3054	Special BIF Accounts (dou cedoc)
306	Banks
3061	Banks
3062	IFD
3063	Financial Intermediaries (including Insurance)
3064	Other Financial Institutions
307	Equivalent Values in Repurchase/Deposit/Link
31	CREDITS TO CUSTOMERS
311	Short-term credits (<1 year)
3111	Public Treasury
3112	Government Organization
3113	Local Administration
3114	Central Administration
3115	Private Enterprises
3116	Individuals
3117	Others (Non-Profit Organizations)
3118	Commercial Claims
3119	Public Enterprises
3121	Public Enterprises
3122	Private Enterprises
313	Medium-term credits (1 to 5 years)
3131	Public Treasury
3132	Government Organization
3133	Local Administration
3134	Central Administration
3135	Private Enterprises
3136	Individuals
3137	Others (Non-Profit Organizations)
3138	Loan Use Accounts
314	Long-term credits (>5 years)
3141	Public Treasury
3142	Government Bodies
3143	Local Administration
3144	Central Administration
3145	Private Enterprises
3146	Individuals
3147	Others (Non-Profit Organizations)
315	Long-term credits (2-5 years)
3151	Public Treasury
3152	Government Bodies
3153	Local Administration
3154	Central Administration
3155	Private Enterprises
3156	Individuals
3157	Others (Non-Profit Organizations)