Regulatory Alerts2020-02-03 | 13189Added · Updated
Central Bank of Lebanon Circular No. 543: Amendment to the Capital Adequacy Regulatory Framework for Banks Operating in Lebanon
The Central Bank of Lebanon issued Circular No. 543 to amend Decision No. 6939, establishing mandatory minimum capital adequacy ratios and a 2.5% Conservation Capital Buffer for all banks. The regulation prohibits dividend distributions if any capital ratio falls below the enhanced minimums of 7% for Common Equity Tier 1, 8.5% for Tier 1, and 10.5% for Total Capital. Additionally, the framework updates risk weights for foreign currency exposures and replaces the appendices detailing capital definitions and expected loss calculation percentages.
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