RegAlertRule · BCRA · 24 Dec 1998 · A 2830
Circular LISOL 1 - 218. Minimum Capital Requirement. Financing to the Public Sector (Communication A 2793)
The Central Bank of the Republic of Argentina mandates that new risk weightings for determining minimum capital requirements apply only to public sector financings granted on or after February 1, 1999. These regulations do not cover financings instrumented through public securities.
"1998 - Year of the Municipalities"
BANCO CENTRAL DE LA REPUBLICA ARGENTINA
__________________________________________________________________ COMMUNICATION "A" 2830 24/12/98 __________________________________________________________________ To FINANCIAL ENTITIES:
Ref.: Circular
LISOL 1 - 218.
Minimum Capital Requirement.
Financing to the Public Sector.
(Communication "A" 2793)
We address you to inform you that this Institution adopted the following resolution:
"- Establish that the new risk weightings for determining the minimum capital requirement as provided in point 3 of the resolution made known by Communication "A" 2793, shall be observed only with respect to the covered financings that are granted from 1.2.99."
We clarify that the financings referred to in the aforementioned transcribed resolution do not include those instrumented through public titles.
We salute you very attentively.
BANCO CENTRAL DE LA REPUBLICA ARGENTINA
Juan Carlos Isi Alfredo A. Besio
Submanager of Standards Manager of Standards for Financial Entities for Financial Entities
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- Definition / condition 3
- background, boilerplate
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