Regulatory Alerts2019-01-18 | Circular No.02 of 2019Publication of annual and quarterly financial statements and other disclosures by licensed banks
The Central Bank of Sri Lanka mandates licensed banks to publish annual and quarterly financial statements using specified formats across the Annual Report, press, and websites. Banks must submit quarterly reports within two months of each quarter-end and audited annual statements within five months, while disclosing key performance indicators, financial instrument analyses, and comparative figures. Effective for periods starting in 2018 and 2019, the circular revokes previous directives and holds bank boards accountable for ensuring accurate disclosures and adequate publicity regarding prudential ratio compliance.
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