Regulatory Alerts2000-04-03
COBAC Regulation R-94/01 Amending Article 2 of Regulation R-93/06 on Credit Institution Liquidity
The Central African Banking Commission (COBAC) amends Article 2(3) of Regulation R-93/06 to revise how credit institutions calculate their liquidity ratios. The amendment modifies the definition of drawing facilities with the Central Bank by removing the "effective" qualifier and clarifying that negative balances resulting from exceptional non-renewal of deposited instruments are deducted from these facilities and included in the liquidity ratio denominator. This change streamlines collateral mobilization rules while preserving existing limits on short-term credit ratings and portfolio-based determinations.
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