Comments on Consultative Documents for Credit Risk Capital Charge and ICAAPPublished Thursday December 1st, 2016
On October 9, 2015, the Central Bank in progressing our implementation of the Basel II and III framework in The Bahamas, issued the following draft documents:
1)Consultation Paper on the Calculation of the Capital Charge for Credit Risk; and, 2)Consultation Paper on the Guidelines for the Internal Capital Adequacy Assessment Process(ICAAP) for Licensees.
We received comments from a few licensees on these papers and have finalized the documents. For information purposes, we have compiled a listing of the comments received, along with the Central Bank’s response to these comments. Please see the document below.