Regulatory Alerts2020-10-09
Circular No. 88-1 on Minimum Capital Requirements
The Bank of the Republic of Haiti issued Circular No. 88-1 to establish minimum capital adequacy requirements for financial institutions to cover credit, operational, and market risks. The regulation mandates a minimum leverage ratio of 5% and a risk-weighted asset coverage ratio of 12%, supplemented by a 2.5% capital conservation buffer. It further defines the composition of regulatory capital, including Tier 1 and Tier 2 elements, and specifies risk weighting factors for on-balance sheet and off-balance sheet exposures.
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