Please refer to BSD Circular No. 01 dated May 11, 2012 on the above subject.

2. To facilitate banks in submission of quarterly stress testing return, it has been decided to modify the submission deadline from, ‘within 30-calender days of close of each quarter’ to ‘22-working days of the close of each quarter’.

3. The above schedule shall be applicable in respect of returns for the quarter ended 30 th September 2013 and until further instructions. Banks and DFIs shall continue to submit stress-testing returns as per Annex-C of the Stress Testing Guidelines issued vide above-mentioned Circular.

4. Banks/DFIs are advised to ensure timely submission of the stress testing returns to avoid any punitive action under the relevant provisions of the Banking Companies Ordinance, 1962.

5. All other instructions on the subject shall however remain unchanged.

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