Regulatory Alerts2018-01-01
Samoa Housing Corporation Prudential Statements 2018
The Central Bank of Samoa issued prudential statements in September 2018 to extend regulatory oversight to the government-owned Samoa Housing Corporation. The framework mandates minimum capital adequacy ratios, including a 15% total capital requirement and a 7.5% tier one capital floor, while defining specific components for core and supplemental capital. Additionally, the document establishes risk-weighting methodologies for assets, reporting obligations for financial returns, and supervisory protocols for asset quality and connected lending.
Share