Regulatory Alerts2018-01-01
Instructions No. 8 of 2018 Regarding the Implementation of Regulatory Capital Requirements in Accordance with Basel III Decisions
The Palestine Monetary Authority issued Instruction No. 8 of 2018 to implement Basel III regulatory capital requirements for all banks operating in Palestine. The directive establishes minimum capital ratios, including a Common Equity Tier 1 ratio of 7%, a Tier 1 ratio of 8.5%, and a Total Capital ratio of 10.5%, alongside specific capital conservation and countercyclical buffers. It further details the eligibility criteria for regulatory capital instruments, defines qualifying capital components, and mandates specific deductions for intangible assets, deferred tax assets, and unrealized gains.
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