Regulatory Alerts1994-01-12
CICR and Emergency DM Deliberation - Deliberation of 12 January 1994
The Interministerial Committee for Credit and Savings issued this deliberation to establish the criteria for supervisory capital and solvency ratios for Italian banks and banking groups. It mandates that the Bank of Italy issue instructions defining the composition of supervisory capital, minimum capital levels, and solvency coefficients in alignment with EU Directives 89/299/CEE, 91/633/CEE, and 89/647/CEE. The document further regulates the inclusion of subordinated liabilities, applies rules to non-EU bank branches in Italy, and authorizes the Bank of Italy to grant derogations and collaborate with foreign supervisory authorities.
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