Regulatory Alerts2015-02-03
Regulation No. 004/2015 on Risk Division and Large Exposure Control for Credit Institutions
The Central Bank of the Comoros issued Regulation No. 004/2015 to establish prudential rules for risk division and the monitoring of large exposures among credit institutions. The regulation mandates that institutions maintain a maximum risk-to-equity ratio of 25% for single beneficiaries and 800% for all large risk beneficiaries combined, while defining specific criteria for grouping connected borrowers. It further details eligible collateral deductions, calculation methodologies, and requires semi-annual reporting of these exposures.
Share