Amendment to the Weekly Report on Required and Available Reserves Against Deposit Liabilites (WRRAR)

t.-l BnruOxo SeNTRIL Ne PILIPINAS OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR MEMORANDUM NO. M-2018{03 TO Att RURAT AND COOPERATIVE BANKS Subject Amendment to the Weekly Report on Required and Available Reserves Against Deposit Liabilities (WRRAR) Pursuant to Circular No. 992 dated 01 February 2018 on the Framework for Basic Deposit Accounts (BDA), the following submission guidelines shall be observed beginning reserve report week-ending 1 March 2018: The updated Data Entry Template (DET) for the WRRAR for Rural and Cooperative Banks to account for the creation of the BDA along with the corresponding Control Prooflist (cP) can be downloaded from http://www.bsp.gov.ph/ses/reporting_templates or requested from the BSp- Supervisory Data Center (SDC). 2. The DET of the WRRAR and CP in Portable Document Format (PDF) are to be electronically submitted together within the prescribed deadline to "sdcrb- [email protected]" using the following required format for the subject, as follows: "WRRAR <bank name>, <week-ended reference date>" as illustrated in the sample below: To sdcrb-wrra [email protected] Subject WRRAR Bank Name, 01 March 2018 using the following prescribed file names: File Prescribed File Name WRRAR WRRAR.xls Control Prooflist WRRAR-Control Prooflist.pdf 3. Banks that are unable to transmit electronically can submit the DET and its accompanying scanned CP in compact disc (CD) or any portable storage device (e.g USB flash drive) through messengerial or postal services within the prescribed deadline to: A. Mabini St., Malate 1004 Manila, Philippines o Trunkline (6321708-77OL. URL: www.bsp.gov.ph o e-mail: [email protected]

a The Senior Director Supervisory Data Center (SDC) Bangko Sentral ng Pilipinas 11th Floor, Multi-Storey Building BSP Complex, A. MabiniStreet Malate, Manila 1004 4. In accordance with BSP Memorandum No. M-2017-A28 dated ll September 20L7, only electronic submissions originating from officially registered e-mail address/es of the bank shall be recognized and accepted by the SDC. Same registered e-mail address/es shall be used by the SDC in electronically acknowledging the submitted report and transmitting the corresponding validation results. 5. Report submissions that do not conform to the above prescribed procedures shall not be accepted and, thus, shall be considered unsubmitted. lt likewise follows that only files prescribed by the BSP shall be accepted as compliant with the existing reportorial requirements subject to validation and applicable penalties for late and/or erroneous reporting. For compliance. 7_ February 2018