RegAlert2004-07-28
Added · Updated
INSTRUCTION No. 05-CR/04 of July 28, 2004 on the Declaration of Banking Risks
Starting with the declaration at the end of August 2004, each credit institution must communicate in the annex of monthly declarations the local currency equivalent of foreign currency credit exposures by file, by term, and by beneficiary. The outstanding amounts of foreign currency credits must be evaluated at the exchange rate in effect on the date of the declaration's closing.
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INSTRUCTION No. 05-CR/04 of July 28, 2004 on the Declaration of Banking Risks
As of the risk declaration for end-August 2004, each credit institution must communicate in the annex to monthly declarations the local currency equivalent of foreign currency credit exposures, broken down by file, by term, and by beneficiary.
It is recalled that foreign currency credit exposures must be evaluated at the exchange rate in effect on the statement date of the declaration.
THE GOVERNOR,
Gaston RAVELOJAONA.
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Source: Banky Foiben'i Madagasikara — 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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