Regulatory Alerts2004-10-11
Instruction No. 2004-04 of October 11, 2004 amending Instruction No. 2000-07 of September 4, 2000 on the control of large exposures and gross risks
The Banking Commission issued Instruction No. 2004-04 to amend the regulatory framework for monitoring large exposures and gross risks. The amendment specifically exempts electronic money institutions defined under Regulation No. 2002-13 from reporting eight times their own funds on line 103 of the large exposures control statement. This change took effect immediately upon publication on October 11, 2004.
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