Qatar Financial Center Regulatory Authority (QFCRA) published Banking Business Prudential (Leverage Ratio) Amendments Rules 2019, which amend the Banking Business Prudential Rules 2014. QFCRA also published the Islamic Banking Business Prudential (Leverage Ratio) Amendments Rules 2019, which amend the Islamic Banking Business Prudential Rules 2015. The key amendments are related to the sections on leverage ratio. These rules commence on January 01, 2020.
- Banking Business Prudential (Leverage Ratio) Amendments Rules 2019
- Islamic Banking Business Prudential (Leverage Ratio) Amendments Rules 2019
Effective Date: January 01, 2020
Keywords: Middle East and Africa, Qatar, Banking, Islamic Banking, Leverage Ratio, Prudential Rules, QFCRA
Previous ArticleHoward Lee of HKMA Speaks on Challenges in Benchmark Rate Transition
The finalization of the two sustainability disclosure standards—IFRS S1 and IFRS S2—is expected to be a significant step forward in the harmonization of sustainability disclosures worldwide.
Decentralized finance (DeFi) is expected to increase in prominence, finding traction in use cases such as lending, trading, and investing, without the intermediation of traditional financial institutions.
The Basel Committee on Banking Supervision (BCBS) published reports that assessed the overall implementation of the net stable funding ratio (NSFR) and the large exposures rules in the U.S.
At the global level, supervisory efforts are increasingly focused on addressing climate risks via better quality data and innovative use of technologies such as generative artificial intelligence (AI) and blockchain.
The finalization of the IFRS sustainability disclosure standards in late June 2023 has brought to the forefront the themes of the harmonization of sustainability disclosures
The European Banking Authority (EBA) recently issued several regulatory publications impacting the banking sector.
The Basel Committee on Banking Supervision (BCBS) launched a consultation on revisions to the core principles for effective banking supervision, with the comment period ending on October 06, 2023.
The U.S. banking agencies (FDIC, FED, and OCC) recently proposed rules implementing the final Basel III reforms, also known as the Basel III Endgame.
The Financial Stability Board (FSB) recently published the second annual progress report on the July 2021 roadmap to address climate-related financial risks.
The recognition of climate change as a systemic risk to the global economy has further intensified regulatory and supervisory focus on monitoring of the environmental, social, and governance (ESG) risks.