Circulars/Notifications - Offsite Supervision & Enforcement Department  
 OSED Circular Letter No. 01 of 2009
Jan 27, 2009 

The Presidents/Chief Executives
All Banks/DFIs/IBs/IBBs

Dear Sirs / Madam,

Discontinuation of Hard Copy Submission of Quarterly Report of Condition (QRC)

      Please refer to our earlier letters # BSD/OMD/5191/2005 dated September 05, 2005, OSED/SEU-21/ 1099/2007 dated June 22, 2007 and OSED/SEU-22/570/ 2008 dated April 21, 2008.

2. In order to relieve the burden on Reporting Institutions (RIs), it has been decided to discontinue hard copy submission of Part A & B of Quarterly Report of Condition (QRC) from December 31, 2008 quarter. The RIs will upload their data through Data Acquisition Gateway (DAG) Portal within 30 days from the end of each calendar quarter.

3. Further, the information against note # 12.2 of Part-A of QRC can not be codified in Quarterly Data File Structure (DFS) due to the nature of information, the RIs are advised to report online the said information on the designated excel sheet placed under quarterly sample file. Kindly download the sample file from the DAG portal (already placed) for reporting data from December-2008 quarter and onward.

4. The late/non-submission of the data through portal will attract punitive action under the relevant provisions of the Banking Companies Ordinance, 1962.
Please acknowledge receipt.

Yours faithfully,


(Shaukat Zaman)
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