ISMC Circular Letter No. 1: Submission of Information and Communication related to Integrated Supervision System (ISS)

Ref No.: 50080
Bangladesh Bank
(Central Bank of Bangladesh)
Head Office, Dhaka-1000
Bangladesh.
Integrated Supervision Management Cell
ISMC Circular Letter No. 1 Date: Falgun 13, 1421 February 25, 2015

Managing Director / Chief Executive
All Scheduled Banks and Financial Institutions operating in Bangladesh

Dear Sir,

Subject: Submission of Information and Communication regarding the Integrated Supervision System (ISS).

With reference to the above subject, it is informed that the 'Integrated Supervision Management Cell (ISMC)' has been established at Bangladesh Bank to strengthen and make the supervision program of the financial sector more effective and productive. In this context,

1. It is directed that, in accordance with DBI-2 Circular No. 1 dated February 24, 2014, and letters No. DBI-2(MIS & RBI Cell)/22/2014-553 dated May 20, 2014, and DBI-2 (MIS & RBI Cell)/22/2014-1037 dated July 20, 2014, the requested information shall henceforth be regularly sent to the Integrated Supervision Management Cell instead of the MIS and RBI Cell of the Banking Inspection Department-2.

2. It is advised that if compliance with the instructions/advisories issued by the MIS and RBI Cell of the Banking Inspection Department-2 regarding the Integrated Supervision System (ISS) remains unresolved until now, such matters should be reported to this cell.

3. Furthermore, it is advised that all future communications regarding the Integrated Supervision System (ISS) should be made with this cell.

Kindly acknowledge receipt.

Yours faithfully,

(Md. Abul Kalam Azad)
Deputy General Manager
Phone: 9530330