Regulatory Alerts2009-08-07 | BSD/DIR/GEN/CIR/03/019Daily Returns on Interbank Placements and Takings
This circular, dated August 6, 2009, addressed to all banks and discount houses, informs that incomplete information on interbank placements and takings was submitted following the previous circular. As a result, an updated report format has been provided, which must be implemented starting from August 6. Electronic submissions of the revised returns should be sent to **BSDReturns@cenbank.org**. This circular supersedes the earlier one dated July 15, 2009.
234-9-46236401 234-9-46236418 August 6, 2009 Ref: BSD/DIR/GEN/CIR/03/019 CIRCULAR TO ALL BANKS AND DISCOUNT HOUSES RE: DAILY RETURNS ON INTERBANK PLACEMENTS AND TAKINGS Banks and Discount Houses were required, by the Circular referenced Ref: BSD/DIR/GEN/CIR/03/014 of July 15, 2009 to forward, on daily basis, relevant information on their interbank placements and takings to the CBN. However, it was discovered that the information submitted was incomplete. Consequently, the report format has been amended to close the information gap. Accordingly, banks and discount houses are to submit the required information in line with the attached report format, with effect from August 6, 2009. As indicated in our letter of July 21, 2009 to all banks, the returns should be mailed electronically to the designated email address: BSDReturns@cenbank.org. This supersedes our earlier Circular of July 15, 2009. D. A. N. EKE FOR: DIRECTOR OF BANKING SUPERVISION