2019-10-03
Added · Updated
The Banking Supervision Department issued this circular on 3 October 2019 to clarify the application of BELR Rule 37(3) regarding premises used for banking business. The document specifies that premises used wholly for conducting banking business are treated as a single location for the purpose of calculating large exposures and risk concentrations. This guidance applies to locally incorporated authorized institutions to ensure consistent regulatory reporting and risk management practices.
CIR
Current
Issue Date:
03 Oct 2019
20191003-1-EN.pdf (211.4 KB)
Topic:
Large Exposures & Risk Concentrations - Others
Group:
Locally Incorporated Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
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