Regulatory Alerts2024-05-01
Added · Updated
(Amendment) Capital Adequacy for Banks Directive, 2024
The Registrar of Financial Institutions in Malawi has amended the Capital Adequacy for Banks Directive to mandate a minimum core capital of K10 billion for all licensed banks. This amendment replaces the previous capital threshold in paragraph 5 and corrects cross-referential wording in subsections (3) and (4). Issued on May 1, 2024, the directive strengthens regulatory compliance by ensuring financial institutions maintain adequate capital buffers to support systemic stability.
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