CBB proposed amendments to the capital adequacy module (Module CA)—specifically part 3, chapters CA-8 to CA-10, for conventional banks (Volume 1) and Islamic banks (Volume 2). The amendments capture the revised standards for minimum capital requirements for market risk published by BCBS in January 2016. The key amendments that were proposed to the module encompass the revised boundary between the trading and banking books, the revised standardized approach, and the revised internal models approach. CBB requests all locally incorporated bank licensees and audit firms to provide their comments by April 04, 2018.
Comment Due Date: April 04, 2018
Keywords: Middle East and Africa, Bahrain, Banking, Capital Adequacy, Market Risk, CBB
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EBA issued a revised list of validation rules with respect to the implementing technical standards on supervisory reporting.
EBA published its response to the call for advice of EC on ways to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).
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MAS published the guidelines on individual accountability and conduct at financial institutions.
APRA published final versions of the prudential standard APS 220 on credit quality and the reporting standard ARS 923.2 on repayment deferrals.
SRB published two articles, with one article discussing the framework in place to safeguard financial stability amid crisis and the other article outlining the path to a harmonized and predictable liquidation regime.
FSB hosted a virtual workshop as part of the consultation process for its evaluation of the too-big-to-fail reforms.
ECB updated the list of supervised entities in EU, with the number of significant supervised entities being 115.
OSFI published the key findings of a study on third-party risk management.
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