Regulatory Alerts2026-03-18
Guidelines on the Submission of the Weekly Reserves Reports and Report on Trust and Other Fiduciary Accounts using XML Format Through PRIME
The Bangko Sentral ng Pilipinas mandates that all supervised financial institutions submit the Weekly Reserves Report and Report on Trust and Other Fiduciary Accounts via the Prudential Reporting Innovation and Monitoring Engine using Extensible Mark-up Language. The directive establishes specific XML submission formats and varying deadlines based on institution type, with a parallel sandbox run beginning immediately and live mandatory submissions starting the week ending July 2, 2026. Covered institutions must utilize designated converters and registration processes, while existing reports remain valid as official submissions until the transition period concludes.
Share