Regulatory Alerts2017-01-01
Consultation Paper No. 4 of 2017 – Amendments to Prudential – Investment, Insurance Intermediation and Banking Rulebook
The Financial Services Regulatory Authority of Abu Dhabi Global Market proposes amendments to the Prudential Rulebook to align with Basel III standards for investment, insurance intermediation, and banking institutions. Key changes include introducing the Countercyclical Capital Buffer, a minimum Leverage Ratio, capital requirements for Credit Valuation Adjustment, and updated frameworks for exposures to central counterparties. The consultation also mandates quarterly disclosure of the Liquidity Coverage Ratio and implements miscellaneous amendments to reporting requirements and regulatory categories.
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