Regulatory Alerts2024-10-01
Circular No. 006/RC/2023 on the Procedures for Transmitting Periodic Reports and Annual Financial Statements by Exchange Bureaus
The Central Bank of the Republic of Burundi issued Circular No. 006/RC/2023 to mandate exchange bureaus to submit daily foreign currency transaction reports and annual financial statements using standardized formats prescribed in the circular. Exchange bureau management assumes full responsibility for the accuracy and reliability of all records, which must be finalized annually as of December 31 and maintained according to national accounting standards. Certified annual statements are due to the Central Bank by March 31 of the following year, daily transaction reports must be filed by the end of each business day, and the regulation takes effect upon publication on the Central Bank’s website and in the Official Bulletin.
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