Regulatory Alerts2023-01-01
Circular 05/2023: Calendar for Submission of Payment Systems Returns for 2024
The Bank of Zambia issues Circular 05/2023 to establish the official submission calendar and deadlines for payment systems returns for commercial banks and designated payment system entities throughout the 2024 financial year. The directive specifies precise due dates for daily, monthly, quarterly, and annual filings, including specialized reports for mobile money rewards and ZIPSS annual attestations. All returns must be submitted through the Digital Financial Services portal by the designated deadlines, with a K500 daily penalty enforced for late or non-compliant submissions.
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