Regulatory Alerts2026-06-23
Added · Updated
FINANCIAL INTERMEDIATION INSTITUTIONS – Modification in the calculation of the credit equivalent of linear derivative financial instruments and acquired call options - Article 161 OF THE RNRCSF
Article 161 of the Compilation of Norms for the Regulation and Control of the Financial System (RNRCSF) has been modified, altering the calculation of the credit equivalent for linear derivative financial instruments and acquired call options for financial intermediation institutions. This change, adopted by resolution SSF N° 2026-366 on June 10, 2026, specifically equates the Uruguayan Peso to currencies of countries with a rating greater than or equal to AA or the Euro for determining the conversion factor. The modification impacts the capital requirement for counterparty risk, the leverage ratio, and credit risk limits.