Regulatory Alerts2019-06-11
Added · Updated
Central Bank of Jordan Circular on IFRS 16 Leases and Regulatory Capital
The Central Bank of Jordan mandates that banks operating in the Kingdom include Right of Use Assets in their risk-weighted assets and the denominator of the financial leverage ratio, effective from 1/1/2019. These assets must be assigned a standard risk weight of 100% for capital adequacy calculations. This directive applies to all banks operating in the Kingdom to align with Basel Committee guidelines on IFRS 16 implementation.
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