Media IN Abu-Dhabi, 25th May 2019 WAM
The Board reviewed reports on some of the regulations related to Basel III and took appropriate decisions related to Leverage Ratio, Counterparty Credit Risk, Credit Risk, Credit Value Adjustment, Securitisation, Equity Investment in Funds, Market Risk, Operational Risk, Pillar 3, Credit Risk, Pillar 2 and solo capital requirements.
The Board also reviewed several memos received from Banking Supervision Department including processes related to Anti- Money Laundering and Combating of the Financing of Terrorism and Illicit Organisations, Registration of Licensed Financial Institutions and latest updates related to real estate financing.
The CBUAE 2018 Financial Stability report and Annual Report will be available on the CBUAE website as instructed by the board.