Regulatory Alerts2000-04-24
General Decision No. 6 of April 24, 2000 on Risk Rates for Stock Market Intermediaries
The Financial Market Council mandates that stock market intermediaries calculate and submit their required net equity for risk coverage by applying specific risk rates and weighting coefficients to portfolio securities based on category, listing status, public offering status, and concentration levels. Intermediaries must compute daily net equity and required risk coverage amounts, submitting monthly statements detailing portfolio composition, valuation, and compliance ratios to the Council by the fifth trading day of each month. The calculation framework incorporates statutory capital, reserves, premiums, and adjustments for inter-company holdings, guarantee fund contributions, and intangible assets to ensure permanent compliance with the 30% minimum threshold relative to portfolio value.