Qatar: QFCRA Proposes Amendments to Prudential Framework for Conventional Authorised Banks on Regulatory Adjustments to Capital

Qatar News developments

Qatar: QFCRA Proposes Amendments to Prudential Framework for Conventional Authorised Banks on Regulatory Adjustments to Capital

The Qatar Financial Centre Regulatory Authority has proposed Banking Business Prudential (Regulatory Adjustments to Capital) Amendments Rules 2022. The consultation ends on 16 October 2022.

The amendments will be incorporated into the Banking Business Prudential Rules 2014.

The proposed amendments amend the adjustments to regulatory capital in BANK to align with the regulatory adjustments to capital in the latest Basel Committee on Banking Supervision standards framework.

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Benjamin Filaferro