Regulatory Alerts2009-01-07
Implementation of the Basel II Capital Accord
The Bank of Mauritius has decided to end the parallel run exercise and fully implement the Standardised Approaches of the Basel II framework for all Mauritian banks starting in the quarter ending 31 March 2009. This transition follows a successful parallel run period that began in March 2008, during which banks reported capital adequacy ratios under both Basel I and Basel II frameworks. The regulator will subsequently evaluate the banking sector's readiness to adopt advanced approaches, ensuring continued compliance with high regulatory standards.
Share