Regulatory Alerts2025-04-07
Added · Updated
Circular No. 001/2025-CSBF Establishing the Implementation Modalities for Instructions on Regulatory Capital and Capital Requirements for Credit Institutions
The Commission de Supervision Bancaire et Financière (CSBF) establishes detailed implementation rules for regulatory capital and capital requirements for credit institutions in Madagascar, specifically addressing subordinated debt amortization schedules, interim profit recognition thresholds, definitions for commercial real estate and risk profiles, and balance sheet weighting methodologies. The circular mandates specific conversion factors for off-balance sheet items, sets strict conditions for eligible risk mitigation guarantees, defines operational risk capital calculations based on negative net banking income, and introduces a one-year transitional period for compliance with conservation buffer requirements and guarantee regularization. Reporting obligations are standardized through the Banking Supervision Application system with a monthly deadline of the 15th.
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