Regulatory Alerts2019-01-01
On the Composition of Own Funds of Credit Institutions
The Central Bank of Djibouti issued Instruction No. 2019-01 to define the composition, calculation methodology, and regulatory caps of net own funds for credit institutions. The directive mandates that institutions calculate core and supplementary own funds by including specific equity elements, deducting items such as unpaid capital, intangible assets, and financial holdings, and applying strict eligibility criteria across four annexes. It further requires quarterly submissions of standardized declaration forms, establishes consolidated calculation rules for controlled entities, and grants the central bank authority to enforce temporary derogations or correct declarations.
Share