Investments in all Debt Securities and Marketable Equity Securities

CIRCULAR NO. 201 Series of 1999

To align with policy issuances under Circular No. 161 (Investments in all Debt Securities and Marketable Equity Securities), Circular No. 164, as amended (General Loan Loss Provision) and Circular No. 169 (Restructured Loans), the Monetary Board, in its Resolution No. 442 dated April 12, 1999, approved to amend the Manual of Accounts issued under circular No. 108 on May 9, 1996 and related report forms of expanded and non-expanded commercial banks (EKBs and NEKBs). To assist banks in complying with these amendments, revised report forms are hereby circularized and banks are required to:

1. Immediately adopt the revisions to the Manual of Accounts for EKBs and NEKBs as contained in Annex A.

2. Adopt the following revised existing reports as contained in Annex B:

No.

Report Title

Initial Reporting Period

Covered Scheduled Date of Transmission/ Submission

1

Consolidated Statement of Condition (CSOC) — Main Report and Schedules 3,4, 4A, 9 and 10

Month ended June 30, 1999

July 21, 1999

2

Consolidated Daily Report of Condition Week from (CDRC) — Main Report

June 25, 1999 to July 01, 1999

July 06, 1999

3

Consolidated Statement of Income and Expenses and Surplus Free (CSIE)

Quarter ended June 30, 1999

July 21, 1999

4

Statement of Condition (SOC) — Main Report (By Banking Unit)

Quarter ended June 30, 1999

July 21, 1999

5 Statement of Income and Expenses (SIE) — By Banking Unit Quarter ended June 30, 1999

July 21, 1999

Note: Succeeding submissions of above reports shall be made in accordance with the schedule indicated in Appendix 6-A of the Manual of Regulations for Banks

3. Immediately adopt the revisions (Annex C) to the Manual of Unified Reports issued under Circular No. 108:

No.   Report Title 1       General Ledger Template 2      Trust Account Template 3       Investments Subsidiary Ledger 4.      Adopt the standard data structures (Annex D) in the implementation of Stage 3 of the GL/SL type of reporting.

GABRIEL C. SINGSON Governor