Regulatory Alerts2024-01-30
Added
ISMD Circular Letter No. 1/2024: Master Circular regarding submission of data to Integrated Supervision System (ISS)
The document mandates that supervised banks and financial institutions submit soft copies of the Balance Sheet and Profit & Loss Statement, prepared based on audited annual reports, via email to m.s.rongsof@db.org.bd in both Excel and CSV formats. This requirement replaces the previous method of submission through the ISS portal, and the hard copy submission is no longer required. All other instructions from ISMD Circular No. 1/2020 remain unchanged, and these instructions are effective immediately.
Integrated Supervision Management Department Bangladesh Bank Head Office Dhaka. Ref No.: ISMD Circular Letter No. 1/2024 Date: 16 Magh 1430 Bangabda 30 January 2024 AD Managing Director/Chief Executive Officer All Scheduled Banks and Financial Institutions operating in Bangladesh Dear Sir, Master Circular regarding submission of data to Integrated Supervision System (ISS).
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Reference is invited to ISMD Circular No. 1 issued on 07 September 2020 on the subject above.
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In accordance with the instructions mentioned in Clause 2.2 of the said Circular, soft copies of the Balance Sheet and Profit & Loss Statement prepared based on the audited annual report are submitted to this department through the ISS portal.
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From now on, soft copies (in both Excel and CSV formats) of the Balance Sheet and Profit & Loss Statement prepared based on the audited annual report must be sent to the email address m.s.rongsof@db.org.bd instead of the ISS portal. There is no need to send the hard copy of the related information.
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Other instructions mentioned in ISMD Circular No. 1/2020 will remain unchanged.
These instructions will be implemented immediately.
Yours faithfully, (Md. Mojibur Rahman Sheikh) Director (ISMD) Phone: 57165901