Regulatory Alerts2014-08-22 | 02/17/550/0014/001Introduction of New Returns Under the Web-Based Off-Site Surveillance System
The Director of Bank Supervision at the Central Bank of Sri Lanka has successfully implemented new annual web returns for licensed commercial and specialized banks. These institutions are now required to submit annual audited financial data through the updated system and will additionally provide quarterly test submissions starting from the end of the second quarter of 2014. The directive mandates ongoing compliance with these web-based reporting requirements until further notice, with operational clarifications available through designated bank supervision officials.
ffiF,#fli;rffi Oaoag qdlp6 sgcmt rDs@dc2o orrirdl GroSunnorop pflanorod;e6rri Bank Supervlsion Depailment Ref , 02 I 17 I 550/00 1 4/00 I l). August 2014 To: Chief Executive Officers of ticensed Commercial Banks and Licensed Specialised Banks Dear SirAvladam Introduction of New'Returns under the Web Based Off-site Surveillance System We refer to our letter dated 22 November 2013 on the above and write to inform you that introduction of new annual web returns, viz. Statement of Financial Position (BSD-AF-01-FP) and Statement of Comprehensive Income (BSD-AF-02-CI) have been completed successfully. We therefore, request you to submit annual audited data through the above web retums in future. As the secondary step, it has been decided to introduce the following web returns on a test basis. a) BSD-MF-01-FP: Statement of Financial Position b) BSD-MF-02-CI: Statement of Comprehensive Income To facilitate smooth migration all Licensed Commercial Banks and Licensed Specialised Banks are kindly requested to submit data through above returns on quarterly basis from the end of 2"d quarter of 2014 until further notice. Any clarifications on this matter may be sought from Ms. Sureka Ketawala, Senior Assistant Director on TeI:2398602 or email: sureka@cbsl.lk and Mr. Jayod Danthanaxayana, Assistant Director on Tel:2398551 or email: iayod@,cbs1.lk Yours faithfully #flr z? (Mrs.) TMJYPFernando Director of Bank Supervision 6 OrD OrD€r qeo 3o, dr'racr(i gro(', os. @E ,5gO, slorgo Ol, € Creoto 6 egrb DiTrg, eeu. 30 strtrg6lupil ono$og Gen196q ! p. Ou. Qar.590, Gengrttt 01, en)tdlos L6vel 6, ilo.30, Jaoadhlp.ttl ilauaula, Colombo I P , 0. BoL 590, Colombo 01, Sd lrnka. lyy-7ct7-1e-019e:H.'"y:!1r1..!:.#,.-11$yp-9.:b.r+ @ www.cbsl.Eov.lk