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Scope of Application
C 52/2017 Effective from 23/2/2017These Regulations and the accompanying Standards apply to all banks. Banks must ensure that these Regulations and Standards are adhered to on the following two levels:
i. | The solo level capital adequacy ratio requirements, which measure the capital adequacy of an individual bank based on its standalone capital strength; and | |
ii. | The group level capital adequacy ratio requirements, which measure the capital adequacy of a bank based on its capital strength and risk profile after regulatory consolidation of assets and liabilities of its subsidiaries. |