Regulatory Alerts2019-12-03
Capital Adequacy and Measurement—The Standardized Approach
The Bank of Israel amended Proper Conduct of Banking Business Directive no. 203 to align with Basel Committee guidance regarding European financial stability entities. The update adds the European Stability Mechanism and European Financial Stability Facility to the list of entities eligible for a zero percent risk weight. These regulatory changes took effect immediately upon the publication of Circular no. C-06-2596 on December 1, 2019.
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