Regulatory Alerts2022-10-01
Daily Foreign Exchange Exposure Monitoring Return Instructions
The Bank of Uganda requires authorized dealer banks to submit a daily foreign exchange exposure monitoring return calculated using the internationally accepted shorthand method. The instructions mandate reporting net spot and forward positions, excluding structural assets and liabilities, while applying a Shs. 180 million threshold for individual currency disclosure and translating all amounts at the mid-point exchange rate. Banks must complete a contingent liabilities worksheet and submit the standardized return through the Bank Supervision Application before 11:00 a.m. on each subsequent business day.
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