Regulatory Alerts2010-08-25
Financial Institutions (Capital Adequacy) Regulations, 1998
Issued by the Minister of Barbados under the Financial Institutions Act, these regulations mandate a minimum capital adequacy ratio of eight percent for financial institutions. The rules define qualifying capital as comprising Tier I core capital and Tier II supplementary capital, with specific eligibility criteria and deduction requirements for each tier. Additionally, the regulations prescribe risk weights for on-balance sheet assets and credit conversion factors for off-balance sheet exposures to calculate the required capital base.
Share