Regulatory Alerts2024-03-01
Added · Updated
Circular No. 2/BCD/2016 Fixing Modalities and Deadlines for Periodic Transmission of Balance of Payments and Global External Position Data to the Central Bank of Djibouti
The Central Bank of Djibouti issued Circular No. 2/BCD/2016 to establish the specific procedures and deadlines for reporting Balance of Payments and Global External Position statistics to comply with international obligations. The regulation mandates quarterly submission of Balance of Payments data by the 30th of the following month and annual submission of Global External Position data within three months after the year end. Entities failing to meet these transmission deadlines are subject to a daily fine of 25,000 Djiboutian Francs per day of delay.
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