On Sep. 20, PAN CB update reporting of the bank shareholdings form.
PAN CB issued Circular 53/2024 to update of the Form entitled Structure of Bank Holding Company (AT13), used to report timely information on bank shareholders.
Highlights
PAN CB updated the structure of Form AT13 so it is the same as that used by the Table of Subsidiaries (BAN21), established in Circular SBP-DR-0313-2020 of Oct. 28, 2020.
The updates are set forth in table form in Circular 53 and the form attached to it.
Use the same coding for each subsidiary reported in Table (BAN21) and in Form AT13.
When adding new subsidiary, the holding company or bank must assign a new coding.
This so historical data of each reported subsidiary is kept separate in PAN CB system.
Do not use coding assigned to subsidiaries that ceased to be part of the banking group
Reminded each bank must maintain with PAN CB a descriptive list of companies that make up banking group, the owner of banking shares and the non-banking affiliates.
Also notify any change that occurs, no later than within 5 business days after change.
Information requirements for (AT13) will continue to be sent through ITBANK system.
On a quarterly basis within 60 calendar days after closing of the corresponding quarter.
Effectiveness
The first report with the new AT13 layout must be sent no later than May 30, 2025.
Filed with the information corresponding to the closing of the Mar. 2025 quarter.
Regulators
PAN CB
Entity Types
Bank; BHC; SIFI
Reference
Cir SBP-DR-CIRCULAR-2024-0053, Form AT13, 9/20/2024
