Regulatory Alerts2022-05-17
NBDT Risk Management Guidelines
The Prudential Supervision Department issued these guidelines to direct non-bank deposit takers on establishing risk management programmes required under the Non-bank Deposit Takers Act 2013. The document mandates that every non-bank deposit taker maintain a written programme covering credit, liquidity, market, and operational risks, tailored to the entity's size and nature. It further details specific requirements for risk assessment, governance responsibilities, contingency planning, and the management of funding gaps and emergency liquidity sources.
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