Regulatory Alerts2024-02-02 | 13617Regulatory Capital for Calculating the Prudential Limits on Banks Operating in Lebanon
The Acting Governor of the Central Bank of Lebanon issued Interim Decision No. 13617 to amend Basic Decision No. 6938, updating the regulatory capital framework and prudential limits for Lebanese banks by precisely defining special funds and fair value adjustments. The decision repeals prior provisions to incorporate specific deductions for FVOCI, cash flow hedges, own credit risk, goodwill, and required provisions, while temporarily suspending certain operational rules until further notice. It mandates that the revised calculation methodology takes effect retroactively from 31 December 2023, ensuring consistent regulatory ratio computations across the banking sector.
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