Directive No. 1/DSB/96 on Weekly Exchange Position

DIRECTIVE No. 1/DSB/96 SUBJECT: BOOKKEEPING AND SUPERVISION

• Weekly Exchange Position Given the need to improve the monitoring of monetary program implementation and expand the statistical collection of the activity of each credit institution, and taking into account what is established in Notice No. 15/93 of December 16, this Directive establishes the obligation for all Banks to submit to the Banking Supervision Directorate weekly statements (according to the attached model) detailing the balances of the deposit portfolio - ME and the balances at correspondent accounts - ME (including applications), by currency and their respective equivalents in national currency (MN), which shall replace the information previously provided to the Reserve Management Directorate in accordance with Article 3 of that Notice. The values to be included in the aforementioned statements shall refer to every Friday and must be delivered or sent via fax to the Banking Supervision Directorate, no later than the following Monday. This Directive enters into force immediately. BANKING SUPERVISION DIRECTORATE