Regulatory Alerts2020-08-10
Financial Institutions (Capital Adequacy) Regulations 2010
The Central Bank of Seychelles issued this notice to amend the risk weighting framework under its 2010 Capital Adequacy Regulations. It assigns a zero percent risk weight to claims guaranteed by the Seychellois government, the Central Bank itself, OECD governments, and OECD central banks. The modification explicitly covers government relief schemes that channel Central Bank advances to customers impacted by the Covid-19 pandemic.
Share