Featured Product

    CBUAE Consults on Framework for Real Estate Exposures of Banks

    October 24, 2019

    CBUAE is consulting on the enhanced regulatory framework for real estate exposures of banks. The refined measures are expected to improve flexibility for bank lending to the real estate sector, while ensuring that banks with real estate exposures above a set threshold will be subject to supplemental regulatory requirements. In addition, through the application of a backstop, the proposed measures avoid excessive real estate exposures and encourage banks to maintain diversified assets. CBUAE is inviting banks to provide comments on the proposed framework through the UAE Banking Federation by October 31, 2019.

    The proposed framework was prepared in line with the ongoing regulatory developments at the Central Bank and in conjunction with a comprehensive assessment and third-party validation by international experts. The primary objective of the proposed framework is to enhance financial stability by re-designing regulatory measures aimed at exposures of banks to the real estate sector. The Central Bank will complement the proposed framework by its risk-based supervision to ensure continued consistent application of the regulatory measures and appropriate risk management standards across the banking industry. 

     

    Related Link: Enhanced Regulatory Framework (PDF)

    Keywords: Middle East and Africa, UAE, Banking, Credit Risk, Real Estate Exposures, UAE Banking Federation, CBUAE

    Related Articles
    News

    HKMA Consults on Supervisory Policy for Systemically Important Banks

    HKMA proposed amendments to the Supervisory Policy Manual, or SPM, module CA-B-2 on systemically important banks.

    October 29, 2020 WebPage Regulatory News
    News

    FSB Report Finds Steady Increase in Climate-Related Disclosures

    FSB published the annual report that examines to-date progress toward implementation of climate-related disclosure recommendations of the industry-led Task Force on Climate-related Financial Disclosures (TCFD).

    October 29, 2020 WebPage Regulatory News
    News

    EBA Proposes to Revise Guidelines on Sound Remuneration Policies

    EBA proposed to revise the guidelines on sound remuneration policies in light of the amendments introduced by the fifth Capital Requirements Directive (CRD V).

    October 29, 2020 WebPage Regulatory News
    News

    US Agencies Finalize Interim Final Rules Issued Amid Pandemic

    US Agencies (FDIC, FED, and OCC) finalized two rules, which are either identical or substantially similar to the interim final rules in effect and issued earlier this year.

    October 29, 2020 WebPage Regulatory News
    News

    EBA Report Examines Quality of TLAC and MREL Instruments in EU

    EBA published the first monitoring report that examines the issuance and quality of the minimum requirement for own funds and eligible liabilities (MREL) and the total loss-absorbing capacity (TLAC) instruments in EU.

    October 29, 2020 WebPage Regulatory News
    News

    FSB Consults on Forward-Looking Climate Metrics for Financial Sector

    FSB's Task Force on Climate-Related Financial Disclosures (TCFD) is seeking views on the decision-useful, forward-looking climate metrics for firms in financial sector, with the consultation ending on January 27, 2021.

    October 29, 2020 WebPage Regulatory News
    News

    APRA Consults on Reporting Standard for Credit Risk Management

    APRA is consulting on the reporting standard for credit risk management (ARS 220.0).

    October 28, 2020 WebPage Regulatory News
    News

    PRA Consults on Proposals to Support Transposition of BRRD2

    PRA launched a consultation (CP18/20) setting out proposals for the "Contractual Recognition of Bail-in" and "Stay in Resolution" Rules.

    October 28, 2020 WebPage Regulatory News
    News

    BoE and PRA Consult on Changes to Resolution Policy for Banks

    BoE and PRA launched a package of proposals on the resolution policy in UK.

    October 28, 2020 WebPage Regulatory News
    News

    ECB Opinion on Amendments to Luxembourg Financial Services Legislation

    ECB published an opinion (CON/2020/25) on the deposit guarantee scheme and other amendments to the financial services legislation.

    October 27, 2020 WebPage Regulatory News
    RESULTS 1 - 10 OF 6031