Regulatory Alerts2022-02-27
Restructure of the Banking Supervision Handbook
The regulator restructured the Banking Supervision Handbook into the Bank Prudential Requirements following a 2015 regulatory stocktake and a comprehensive Capital Review. New capital adequacy rules took effect on 1 October 2021, raising minimum capital requirements to 18% for large banks and 16% for smaller banks to enhance system safety. The regulator plans to finalize the remaining handbook revisions and publish the complete revamped document during 2022.
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