Regulatory Alerts2019-12-27
Added · Updated
Supervisory Policy Manual: Large Exposures, Risk Concentrations, Connected Parties, and Consolidated Supervision
The regulator issued this Supervisory Policy Manual update on 27 December 2019 to consolidate guidance on large exposures, risk concentrations, and connected party exposures. The document details specific requirements under BELR Rules 6 and 57(1)(d) regarding consolidated supervision of concentration risks and letters of comfort. It also addresses the underwriting of securities and establishes the current regulatory framework for authorized institutions managing these financial risks.
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