Regulatory Alerts2018-12-20 | 12947Capital Adequacy Regulatory Framework for Banks Operating in Lebanon
The Central Bank of Lebanon issued Intermediary Decision No. 12947 to amend the regulatory framework for bank capital adequacy, specifically modifying the calculation of expected credit losses and the treatment of general provisions. The decision introduces new requirements for comparing loan loss reserves with expected losses, distinguishing between performing and non-performing assets under IFRS 9 standards. It also updates the composition of Common Equity Tier 1 and Tier 2 capital, including specific regulatory adjustments and deductions, while repealing previous appendices to align with these changes.
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