Guidelines on the Electronic Submission of the Consolidated Statement of Condition (CSOC) and Consolidated Statement of Income and Expenses (CSIE) in Relation to Recently Issued Regulations

EhNcxo SeNrRaL No PrurrrlNas OFFICE OF THE DEPUW GOVERNOR SUPERVISION AND EXAMINATION SECTOR MEMORANDUM NO. M.2015{31 To : ALL BSP-SUPERVISED FINANCING COMPANTES Subject : Guidelines on the Electronic Submission of the Consolidated Statement of Condition (CSOCI and Consolidated Statement of Income and Expenses (CSlEf in Relation to Recently lssued Regulations Pursuant to Circular No. 883 dated 10 July 2015 on the amendments to pertinent regulations on Motor Vehicle Loans and Memorandum. No. M-2015-028 dated 31 July 2015 on the revised effectivity date of the Financial Reporting Package (FRP) and other related reports in relation to recently issued regulations, the following guidelines on the submission of the CSOC/CSIE shall be observed beginning report ending 30 September 2015: 1. The updated Data Entry Templates (DET) and the accompanying Control Prooflist (CP) for the CSOC/CSIE report can be downloaded from http://www.bsp.gov.ph/SES/reporting_templates or requested directly from the BSP-Supervisory Data Center (SDC). 2. The updated DET together with the corresponding scanned CP in Portable Document Format (PDF) duly notarized and signed by the authorized official of the covered Financing company (FC) shall be electronically transmitted within fifteen (15) banking days after end of reference month to the following prescribed e-mail addresses: Type of Institution E-mailAddress Financing Companies with QB sdcn bqb-csoc@ bsp.gov. ph Financing Companies without QB [email protected] 3. The DET in Excel format, FC temp.xls, and CP in PDF, FC-CP.pdf, shall be submitted using the required format for the subject, as follows: 'CSOC <FC Name>, <Reference Period>", as illustrated below To sdcnbqb-csoc@ bsp.gov.ph Subject CSOC FC Nome,30 September 2015 A. Mobini St., Molote 1004 Monilo, Philippines . (6321 708-7701 . www.bsp.gov.ph r [email protected]

4. Hard copy submission of the report shall no longer be accepted. FCs that are unable to transmit electronically can submit such report and the corresponding scanned cP in cD form through messengerial or postal services within the prescribed deadline to: The Director Supervisory Data Center (SDC) Bangko Sentral ng Pilipinas 11th Floor, Multi-Storey Building BSP Complex, A. MabiniStreet Malate, Manila 1004 5. fn accordance with BSP Memorandum No. M-2014-OZO dated 22 April 20L4, only electronic submissions originating from officially registered e- mail address/es of FCs with QB 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. 6. Report submissions that do not conform to the above prescribed procedures shall not be accepted and, thus, considered unsubmitted. lt likewise follows that only the DET and cP prescribed by the BSp for the report shall be accepted as compliant with the existing reportorial requirements subject to validation and applicable penalties for late and/or erroneous reporting for category A-2 as prescribed under existing regulations. For compliance. ,.,nl\*it,*, Sector-in-Charge { September 2015