Regulatory Alerts2024-09-26
Added · Updated
Large exposures: revised SPM modules and banking returns - Return of Certificate of Compliance MA(BS)1F(a)
The regulator issued this circular on September 26, 2024, to implement revised Standard Prudent Modules and banking returns concerning large exposures and risk concentrations. It specifically mandates the submission of the Return of Certificate of Compliance MA(BS)1F(a) for all Authorized Institutions. This requirement addresses exposures to connected parties and establishes limits on credit exposures to ensure prudent risk management.
Topics
Share