Regulatory Alerts2000-01-01
Bank of Zambia Circular 01/2000 on Government Deposit Accounts with Commercial Banks
The Bank of Zambia issued Circular No. 01/2000 requiring all commercial banks to report details of government and government-related deposit accounts held as of 31 December 1999. Institutions must submit account names and corresponding balances in the account's currency to the Financial System Supervision Department. Compliance is mandatory by the close of business on 7 January 2000 to facilitate regulatory oversight of state funds.
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