2012-11-21
Added · Updated
The financial regulator issued these 2011 amendment regulations to update credit classification and provisioning requirements for licensed institutions. The amendments mandate revised standards for asset risk categorization, capital adequacy calculations, and regulatory reporting timelines. These changes ensure consistent oversight and enhance the sector's resilience against credit losses.
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Source: Central Bank of Seychelles — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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