2020-01-21
Added · Updated
The Central Bank of Ireland issued this circular to clarify the criteria for accepting life insurance policies as acceptable security under BELR Rule 29(2). It establishes specific requirements that Authorized Institutions must follow when evaluating such policies for credit exposure limits. The guidance ensures consistent application of risk concentration rules across the banking sector.
CIR
Current
Issue Date:
21 Jan 2020
20200121-2-EN.pdf (42.2 KB)
Topic:
Large Exposures & Risk Concentrations - Limits on credit exposures
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
21 Jan 2020
BELR Rule 29(2) – Life Insurance Policy as Acceptable Security
CIR
Current
21 Jan 2020
BELR Rule 29(2) – Life Insurance Policy as Acceptable Security
Cross referenced Document
Version History
Superseded Document
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