Regulatory Alerts1996-04-17
Directive No. 2/DSB/96: Financial System - Good Banking Practice Standards
The Banking Supervision Directorate issues Directive No. 2/DSB/96 to update reporting requirements for financial institutions regarding large risk controls. The directive mandates that institutions submit updated data on total risk assets and total own funds, alongside an itemized list of large-risk debtors detailing their names, credit risk values, and risk-to-capital ratios. Additionally, institutions must provide a breakdown of their twenty largest depositors, with these requirements taking immediate effect.
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