2022-06-01
The Bank of Uganda directs supervised financial institutions to nominate staff and submit email addresses by 7 February 2022 for a virtual workshop reviewing draft amendments to the Financial Institutions (Liquidity) Regulations 2005 and ILAAP guidelines. The session, held on 9 February 2022 via Microsoft Teams, will analyze comments submitted by thirteen of the thirty-four regulated entities. Institutions must forward nominations to designated supervisors to secure participation in this regulatory consultation process.
BANK OF UGANDA
OFFICE OF THE EXECUTIVE DIRECTOR SUPERVISION
37-45 KAMPALA ROAD, P.O. BOX 7120, KAMPALA
DIRECT LINE: 256-414-230051 GENERAL LINE: 256-414-258441 Ext 2403 FAX LINE: 256-414-258515 TELEX: 256-414-61059
CABLES: UGABANK Email: info@bou.or.ug Website: www.bou.or.ug
EDS.306.1
3rd February 2022
Circular to all Chief Executives of Commercial Banks, Credit Institutions and Microfinance Deposit Taking Institutions
Virtual Workshop to Discuss Comments on the Draft Amendments to the Financial Institutions (Liquidity) Regulations, 2005 and Draft Guidelines on Internal Liquidity Adequacy Assessment Process (ILAAP)
Reference is made to the Circular EDS.306.2 dated 23 November 2021 seeking comments from the sector on the draft amendments to the Financial Institutions (Liquidity) Regulations, 2005 and the draft Guidelines on Internal Liquidity Adequacy Assessment Process (ILAAP).
Bank of Uganda received comments from 13 out of the 34 supervised financial institutions, which shall be discussed in a virtual workshop scheduled to take place on Wednesday, 09 February 2022 from 10:00 a.m. to 12:00 p.m. via Microsoft Teams.
This is to request you to nominate your staff to attend this virtual workshop and forward their email details to Mrs. Jacqueline P.N Kigonya on JNansamba@bou.or.ug and Mrs. Sharon. K Lwamafa on sklwamafa@bou.or.ug by close of business day Monday, 7th February 2022.
[Signature]
Tumubweinee Twinemanzi (Dr.) Executive Director Supervision
Copy: Director Commercial Banking Director NBFI Director Financial Stability Legal Counsel
Mission: To Foster Price Stability and a Sound Financial System Vision: To be a Centre of Excellence in Upholding Macroeconomic Stability