Regulatory Alerts2022-10-01
Instruction Notes for the Compilation of the Daily Report on Foreign Exchange Transactions of Commercial Banks
The Bank of Uganda’s Supervision Directorate mandates licensed commercial banks to submit a standardized daily foreign exchange report detailing spot, forward, and swap transactions alongside customer residency classifications. The revised form requires dual-currency reporting in US dollars and Uganda shillings, with mandatory breakdowns for transactions exceeding US$0.1 million and specific definitions for maturity dates, contract currencies, and exchange rates. Submissions must cover all daily transactions and be filed by 7 a.m. the following working day to ensure accurate, consistent, and manageable financial data across the banking sector.
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