Circulars

Money / FX Markets Computerized Reporting System

November 14, 2006
9066

All Banks/PDs/DFIs/Islamic Banks,

Money / FX Markets Computerized Reporting System

Please refer to SBP instructions issued from time to time regarding meticulous adherence to the time line given for MMCRS and FXCRS reporting i.e. 9:30 a.m. daily. However, it has been observed that some banks are perpetually failing in observing time line given in this regard which has been viewed seriously.

Therefore, all Banks/PDs/DFIs/Islamic Banks are again advised to ensure that reports must reach DMMD through floppy diskettes and / or via e-mail by 9:30 a.m. on daily basis on following addresses,

Failing which SBP may take punitive action, as it deems appropriate, for not complying with its instructions. Other instructions on the subject will however remain same.

Please acknowledge receipt.

Yours sincerely,

Ashfaq Ahmad
Joint Director