Regulatory Alerts2018-07-25
National Bank of Rwanda Reporting Requirements Regulation No 2100/2018
The National Bank of Rwanda issued Regulation No. 2100/2018 to establish a standardized electronic platform for supervised institutions to transmit accurate, complete, and timely financial data. The regulation mandates that institutions utilize either Automated Data Flow or Non-Automated Data Flow channels, with strict submission deadlines ranging from same-day forex reporting to monthly and quarterly submissions within five working days. By defining key operational terms and data validation standards, the framework ensures robust decision-making for monetary policy and financial stability while introducing pecuniary sanctions for non-compliance.
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