Regulatory Alerts1998-07-03
Extension of Reporting Deadline for 1–14 July 1998 Under BID-6
The Bank of Namibia extends the reporting deadline for banking institutions' compliance with the Minimum Liquid Assets Requirement (BID-6) covering 1 to 14 July 1998. Institutions must submit this compliance report on or before 21 August 1998, concurrently with the subsequent reporting period, while retaining prior Act requirements for late June. External auditors must co-sign and return the enclosed acknowledgment of receipt to the Bank Supervision Department at their earliest convenience.
Share