Directive No. 2/DSB/96: Financial System - Good Banking Practice Standards

DIRECTIVE NO. 2/DSB/96

SUBJECT: FINANCIAL SYSTEM
Operations
Good Banking Practice Standards
Notice No. 05/96 of April 17
Considering the terms of Notice No. 05/96 of April 17, which clarified the concepts applicable to the control of large risks of Financial Institutions, we clarify that the Information provided for in Article 2 of Instruction No. 01/94 of April 22 shall henceforth be submitted to this Directorate in the following manner:
a) Total Value of Risk Assets;

b) Total Value of Own Funds; c) Itemized list of debtors classified as "large risk", in accordance with paragraph b) of Article 2 of Notice No. 05/96 of April 17, indicating the debtor's name, total credit risk assumed, and the percentage of such risk relative to the Institution's Own Funds. d) Itemized list of the twenty largest depositors. This Directive enters into force immediately, BANKING SUPERVISION DIRECTORATE