| (1) | The content of the relevant return is confidential and not available for inspection by the public. |
| (2) | The purpose of the form BA 325, amongst other things— |
| (a) | is to determine on a daily basis the nature and extent of the reporting bank's exposure to and the related capital requirements in respect of— |
| (i) | market risk or position risk; and |
| (ii) | counterparty risk arising from positions held in the bank's trading book; |
| (b) | is to obtain selected liquidity related information from banks that submit daily information in respect of their exposure to market risk; |
| (c) | is to obtain selected information in respect of the bank's exposure to currency risk arising from positions held in the bank's banking book and trading book. |
| (3) | The aggregate effective net open foreign currency position of the reporting bank in the Republic, together with its foreign operations, calculated in the manner prescribed in this form BA 325, in any one foreign currency and in all foreign currencies taken together, shall not at the close of business on any day exceed an amount specified in writing by the Registrar. |
| (4) | A bank shall complete the form BA 325 in accordance with such instructions or requirements as may be determined or directed in writing by the Authority. |
[Regulation 29(4) substituted by section 26 of Notice 5802, GG52013, dated 31 January 2025, shall come into operation on 1 February 2025]
