Regulatory Alerts2024-09-26
Added · Updated
Large exposures: revised SPM modules and banking returns - Enclosure 1: Consolidated supervision of Concentration Risks: BELR rule 6
The regulator issued this circular on September 26, 2024, to update Standard Prudent Modules and banking returns regarding large exposures and risk concentrations. The document specifically addresses consolidated supervision of concentration risks under BELR rule 6, focusing on limits on credit exposures and connected parties. It applies to all Authorized Institutions and outlines the regulatory framework for managing these financial risks.
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