Regulatory Alerts2018-04-23
Mandatory Reserves Regulations and Reserve Requirement Coefficients
The Central Bank of Haiti issued a series of circulars establishing the framework for mandatory reserve requirements, including the definition of reportable liabilities, calculation periods, and penalty structures for non-compliance. The regulations mandate specific reserve ratios for commercial, savings, and non-bank subsidiary institutions, distinguishing between liabilities denominated in national currency and foreign currencies. Over time, the central bank adjusted these coefficients and the composition of foreign currency reserves, shifting the required national currency portion from 100% down to 0% for certain periods to manage liquidity and monetary policy.
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