Regulatory Alerts2025-01-24 | BSD - 1 Circular No. 02Added · Updated
Revision of Data File Structure for Reporting Chart of Accounts via DAP4
The data file structure for all Reporting Chart of Accounts returns for Microfinance Banks is revised and must be sourced from the DAP4 knowledge center, discontinuing all previously used structures. Bi-weekly reporting is replaced by weekly reporting, establishing new submission timelines of two working days for weekly returns, five working days for monthly returns, and twelve working days for quarterly returns.
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BSD - 1 Circular No. 02
Revision in Data File Structure (DFS) under Reporting Chart of Accounts (RCOA) through DAP4
January 24, 2025
/bsd-1/2025/index.htm 8295
The Presidents/Chief Executives All MFBs
Dear Sir/Madam,
Revision in Data File Structure (DFS) under Reporting Chart of Accounts (RCOA) through DAP4
Please refer to SBP’s Letter No. BSD/OMD/5191/2005 of September 05, 2005, MFD Circular Letter No. 01 of October 20, 2009, OSED Circular No. 01 of February 17, 2017 and BSD-2 Circular Letter No. 01 of December 29, 2022.
- In this regard, the data file structure (DFS) of all the RCOA returns for MFBs have been revised/developed in the light of significant regulatory developments, including the implementation of IFRS 9 vide BPRD Circular No. 03 of July 05, 2022, and subsequent revision in prescribed formats of financial statements vide BPRD Circular No. 03 of February 09, 2023. Moreover, bi-weekly reporting of RCOA returns of MFBs has been revised to Weekly reporting. Hence, MFBs are advised to report RCOA returns as per following timelines:
Weekly RCOA – 02 Working Days
Monthly RCOA – 05 Working Days
Quarterly RCOA – 12 Working Days
- MFBs are advised to use revised DFS available on knowledge center of DAP4 for reporting all the RCOA returns. Please note that the previously used DFS for all RCOA returns stand discontinued.
Please acknowledge receipt.
Yours sincerely,
Syed Mansoor Ali Director
Home — Circulars — BSD - 1 Circular No. 02
Revision in Data File Structure (DFS) under Reporting Chart of Accounts (RCOA) through DAP4
January 24, 2025
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