Please refer to OSED Circular Letter No. 02 dated October 29, 2013.

2.         It has been decided to change the submission date of quarterly stress testing report w.e.f. December 31, 2014. All banks and DFIs will submit their quarterly stress testing report within 16 working days from the close of each calendar quarter instead of 22 working days.

3.         The late/non-submission of the data within revised timelines will attract punitive action under the relevant provisions of the Banking Companies Ordinance, 1962.

4.         All other instructions shall, however, remain unchanged.

Please acknowledge receipt.