(NAR) VOL. 25 NO. 1 / JANUARY - MARCH 2014
Starting with the reporting period ending 31 March 2014, the Computation of the Adjusted Risk-Based Capital Adequacy Ratio Covering Combined Credit Risk, Market Risk and Operational Risk Report is amended and retitled as Basel III Capital Adequacy Ratio (CAR) Report.
The Basel III CAR reports shall continue to be submitted quarterly within 15 banking days and 30 banking days after end of reference quarter for solo basis and consolidated basis, respectively. Such reports shall be classified as Category A-I reports.
Concerned entities shall likewise submit the CAR Summary Report, as revised and renamed as Basel III Capital Adequacy Summary Report, on a quarterly basis together with the Basel III CAR Report. The Summary Report shall continue to be accomplished in both solo and consolidated basis.
The prescribed data entry template of the CAR Summary Report may be downloaded from the BSP website under http:www.bsp.gov.ph/SES/reporting _templates starting 15 February 2014.
Late and/or erroneous reporting of the Basel III CAR Report and the Summary Report shall be subject to penalties provided under Subsection X192.1 of the Manual of Regulations for Banks and Subsection 4192Q.1 of the Manual of Regulations for Non-Bank Financial Institutions for Category A-1 report starting with reporting period ending 31 March 2014.
For compliance.
(SGD) NESTOR A. ESPENILLA, JR.
Deputy Governor