All large exposures must be reported to the Central Bank on a consolidated quarterly basis (including subsidiaries and affiliates where applicable), as per the attached special return forms (Special Banking Return Forms-Large Exposures), not later than the end of the month following the end of each calendar quarter. Banks must report any large exposure which existed at any time during that quarter.

The Central Bank may in the future exempt certain exposures from the reporting requirements.

If, in an exceptional case, exposures exceed the limits fixed in section 2 above at any time during any quarter, these must be reported to the Central Bank in writing without delay, indicating the reasons for the non-compliance. The Central Bank may allow banks a limited period of time during which they must comply again with the limits.

Banks are required to take appropriate measures to comply with the limits as soon as possible and in any event not later than the end of the quarter following the over-limit situation.

Exposures to members of a bank's board of directors, or of a similar designated body, must be reported to the Central Bank on a quarterly basis as per the attached special return forms (Special Banking Return Form - Exposures to Board Members) not later than the end of the month following the end of each calendar quarter. The explanatory notes attached to the return forms must be followed.