Working Group on Regulatory Reporting

14 April 1997

Working Group on Regulatory Reporting

We wrote to you on 30 October 1996 introducing the revised prudential returns and completion instructions endorsed by the industry Working Group on Regulatory Reporting. This letter serves to remind you that the new reporting requirements came into effect on 1.4.1997.

With respect to the new reporting, your attention is also drawn to the following points:

1. In submitting the new returns on Assets and Liabilities (due on 14 May 1997) and Profit and Loss (due on 21.7.1997), you should also submit two proformas covering certain items on these returns to facilitate the assessment of the impact of the amendments. Please refer to Annex 2 of our earlier letter.
2. Item 13A in Annex 1 (page 4, paragraph 20, item iii) and Annex 2 (page 2 of the proforma reporting instructions for Profit & Loss return - paragraph 14) of our letter of 30 October 1996 should read as item 14.
3. A few amendments are required on the revised returns and completion instructions, please refer to appendix 1 for details. The pages amended are enclosed as appendix 2 for replacement.
4. All returns should be submitted to our Public Registry at: 29/F Asia Pacific Finance Tower, 3 Garden Road, Central, Hong Kong.

Should you have any queries on the above, please do not hesitate to contact Mr P M Koo (2878-1536) or Ms Irene Sy (2878-8210) of this office.

Attachment

• Annexes
• Appendice