Regulatory Alerts2015-02-03
Regulation 006 on Periodic Accounting Statements to be Submitted by Credit Institutions
The Governor of the Central Bank of the Comoros issued Regulation 006/2015 to establish the deadlines and formats for periodic accounting statements submitted by credit institutions. The regulation mandates that these statements be prepared in thousands of Comorian francs, converted from foreign currencies at the closing rate, and submitted within 20 calendar days after the end of the reporting period. It also repeals previous instructions and allows for supplementary details or written inquiries regarding specific accounting classifications.
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