Regulatory Alerts2010-10-27 | CD-SIBOIF-651-1-OCT27-2010Added · Updated
Norm on Capital Adequacy
This resolution establishes the regulatory framework for capital adequacy for banks and financial societies in Nicaragua, defining primary and secondary capital components, deductions, and risk-weighted assets. It mandates specific criteria for capital instruments, sets deduction rules for goodwill and intangibles, and assigns risk weights ranging from 0% to 150% based on credit ratings and asset types, including specific treatments for foreign currency exposures. The rule applies to financial institutions authorized to capture public funds and requires compliance with minimum capital requirements relative to credit and notional risks.
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