2015-01-08 | FPR/DIR/BDC/GEN/01/001

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Updated List of Confirmed Bureaux De Change in Compliance with New Requirement

The letter informs banks about a deferral of the Basel II/III capital adequacy framework regulation implementation. Banks are still required to implement adequate risk mitigation techniques for oil and gas risk exposure management, which will be reviewed during regular risk-based supervision activities. A new date for the implementation of the deferred regulation will be communicated in the future.

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