December 10, 2013
BSP MEMORANDUM NO. M-2013-056
| TO | : | All Universal and Commercial Banks and Their Subsidiary Banks and Quasi-Banks |
| SUBJECT | : | Amendments to the Revised Risk-Based Capital Adequacy Ratio Reporting Template Pursuant to Circular No. 781 Dated 13 January 2013 on the Implementation of Basel III Standards |
Pursuant to Monetary Board Resolution No. 2096 dated 14 December 2012, the Basel III capital reforms under Circular No. 781 dated 13 January 2013 shall take effect on 1 January 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-1 reports.
Concerned entities shall likewise submit the CAR Summary Report, as revised and renamed as Basel III Capital Adequacy Summary Report, on...
