Legislation
The legislative framework for the supervision of financial institutions is comprised of the following Acts:
- Financial Institutions (Capital Adequacy Regulations) 2020
- Finance Act 2018
- Financial Institutions Act, 2008 (Commercial Banks and licensed non-bank Financial Institutions)
- The Financial Institutions Act Order, 2011
- The Payment of Supervisory Fees and Charges Regulations, 2011
- See the Handbook of Procedures for a guide to interpreting the Regulations.
- The Central Bank Act Chap 79:02
- Central Bank (Amendment) Act, 2009
- Central Bank (Amendment) Act No. 18 of 2011
Guidelines for the Banking Sector
- Recovery Plan Guideline - October 2023
- Leverage Ratio Guideline - October 2023
- Guideline on the Publication of Abridged Financial Statements - October 2022
- Guideline for the Management of Market Risk July 2022
- Guideline for Management of Outsourcing Risks February 2022
- Credit Risk Management Guideline - November 2021
- Addendum to the Central Bank’s AML/CFT Guideline - SDD Requirements for Basic Banking Accounts - September 2021
- Mergers and Acquisition Guideline - July 2021
- Corporate Governance Guideline (Revised) - March 2021
- Guideline for the Management of Liquidity Risk - January 2021
- Internal Capital Adequacy Assessment Process (ICAAP) Guideline
- Guidelines for the Use of Credit Ratings by Regulated Entities
- Revised Guideline on the Implementation of the Tax Information Exchange Agreements (United States of america) Act, 2017
- Guidelines for the Treatment of IFRS 9 (Estimated Credit Loss Provisions) for Regulatory Capital Reporting Purposes
- Fit and Proper Guideline - October 2019
- Market Conduct Guideline - November 2018
- Approval of New or Materially Different Banking Products or Services
- Residential Real Estate Mortgage Market Guideline
- Instructions for Group Asset Data re: Cost Recovery
- Consolidated Prudential Reporting Guideline
- Guidelines for the Reporting of Large Credit Exposures
- Guideline for the Measurement, Monitoring and Control of Impaired Assets
- Bankers' Acceptances
- Prudent Person Approach to Investment and Lending
- Security Systems for Safeguarding Customer Information
- Market Risk Instruction Manual
- Licensing of Financial Institutions
