Regulatory Alerts2020-01-01
Reserve Bank of Fiji Policy on Large Credit Exposures
The Reserve Bank of Fiji issued Banking Supervision Policy Statement No. 2 to enforce a statutory limit of 25% of total capital on large credit exposures to single counterparties or related groups for licensed financial institutions. The directive mandates quarterly reporting of exposures exceeding 10% of capital and defines specific exemptions for low-risk transactions such as government securities and interbank dealings. It further requires institutions to monitor sectoral concentration risks and apply these limits based on global consolidated capital for overseas-incorporated branches.
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