Book traversal links for Scope of Application
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:
- The solo level capital adequacy ratio requirements, which measure the capital adequacy of an individual bank based on its standalone capital strength; and
- 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.