Regulatory Alerts2008-01-01
Bank of Zambia Risk Management Guidelines
The Bank of Zambia issued revised risk management guidelines to enhance its risk-based supervision approach in response to global financial developments and the New Capital Accord. These circulars mandate that all commercial banks implement robust risk management systems capable of identifying, measuring, monitoring, and managing inherent risks. The guidelines supersede previous circulars and take effect immediately as the minimum standard for bank operations.
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