Regulatory Alerts2019-01-01
Conversion Factor for Operational Risk Capital Charge Computation
The Bank of Tanzania clarifies that the effective date for applying a revised 8.33 conversion factor to operational and market risk capital charges is 31 December 2018. This directive resolves an omission in a February 2019 relief letter by explicitly establishing the retroactive implementation date for all licensed banks and financial institutions. The clarification ensures consistent capital charge computations across the Tanzanian financial sector without requiring additional regulatory approvals.
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