Regulatory Alerts2019-12-09
Added · Updated
Supervisory Policy Manual CR-L-1: Consolidated Supervision of Concentration Risks BELR Rule 6
The Monetary Authority of Singapore issued Supervisory Policy Manual CR-L-1 to establish consolidated supervision standards for concentration risks under BELR Rule 6. The policy mandates that all authorized institutions implement robust frameworks to monitor and limit large exposures and credit risk concentrations across their groups. It provides detailed guidance on regulatory reporting requirements and supervisory expectations for managing systemic risk.
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