2016-05-10
Added · Updated
The Department of Off-Site Supervision mandates that external auditors' management reports for the fiscal year ending December 2015 be submitted to the Department within 20 days of the date of submission of the audited financial statements to Bangladesh Bank. This requirement supersedes and cancels the previous deadline of 75 days specified in DOS Circular No. 04/2013. The directive applies to all scheduled banks operating in Bangladesh.
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Bangladesh Bank
Chief Executive Office
Motijheel, Dhaka-1000
Bangladesh.
Department of Off-Site Supervision
DOS Circular No. 01 Date: 10 May, 2016
27 Baishakh, 1423
To,
Chief Executive/Managing Directors
All Scheduled Banks operating in Bangladesh.
Dear Sir,
Subject: Submission of Management Report to Bangladesh Bank.
Reference is drawn to DOS Circular No. 04/2013 issued by Bangladesh Bank regarding the submission of the Management Report prepared by the external auditor.
The said Circular directed that the Management Report prepared by the external auditor be submitted to Bangladesh Bank within 75 (seventy-five) days of the end of the accounting year. After careful consideration, it has now been decided that the Management Report prepared by the external auditor must be mandatorily submitted to the Department of Off-Site Supervision within 20 (twenty) days from the date of submission of the audited financial statements for the fiscal year ending December 2015 to Bangladesh Bank.
DOS Circular No. 04/2013 issued earlier on the subject matter shall be deemed cancelled.
Please acknowledge receipt.
Yours faithfully,
(S.M. Robiul Hasan)
General Manager
Phone: 9530093
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This document supersedes: DOS Circular No 04: Submission of Management Report (Confidential Part)
Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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