Rule · BRH · 6 Aug 2022

Additional Note 2 to Circular 88-1

The Central Bank of Haiti issued Additional Note 2 to Circular 88-1 to mandate a 150% risk weighting factor for all loans granted from credit line draws. This regulatory requirement applies to all affected financial institutions and is an integral part of the existing circular. The measure entered into force on August 8, 2022, following its issuance on August 5, 2022.

HaitiBanque de la Republique d'Haiti

[Logo: BRH] Central Bank of Haiti

ADDITIONAL NOTE #2
Circular 88-1

To Affected Financial Institutions

In the context of the application of Circular 88-1, the Central Bank of Haiti (BRH) requires affected financial institutions to apply a risk weighting factor of 150% to any loan granted from a draw on credit lines.

This additional note is an integral part of Circular 88-1 and enters into force as of August 8, 2022.

Port-au-Prince, August 5, 2022

[Signature]
Jean Baden Dubois
Governor

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it

The links and the sentences they come from (1)

Amends

Circular No. 88-1 of 1988Not in RegAlert
“In the context of the application of Circular 88-1, the Central Bank of Haiti (BRH) requires affected financial institutions to apply a risk weighting factor of 150% to any loan granted from a draw on credit lines.”

Lineage: No known changes

Similar documents from other regulators