Regulatory Alerts2009-03-24
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Circular No. 1/SHC/2009 of 24 March - Amendment of the Reporting Deadline for Individual Financial Information Prepared in Accordance with IFRS
The Bank of Mozambique amends Circular 2/SHC/2007 to require credit institutions and financial societies supervised by the Bank to submit individual IFRS analytical situation reports within 15 days following the end of each month. This change aligns the reporting deadline for individual analytical situations with the deadlines for remitting ratios and prudential limits established in Circular No. 5/SHC/2007. The amendment applies to all supervised entities except those specified in Article 3 of Notice No. 4/GBM/2007. The new reporting schedule takes effect on 1 May 2009.
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