Acts Online
GT Shield

Banks Act, 1990 (Act No. 94 of 1990)

Regulations

Regulations relating to Banks' Financial Instrument Trading

Chapter 5 : Counterparty Risk

20. Exceptions

 

A bank shall hold sufficient capital in order to meet the counterparty-risk requirement except when:

(1) Specific provision made against a counterparty balance may reduce the counterparty exposure on which the requirement is calculated, up to the extent of such provision; and
(2) amounts are due to, or owed by, connected persons.

 

 


500 - Internal Server Error
500 - Internal Server Error

We're sorry, but something went wrong displaying that page. While we work on fixing this, you can return to the home page.

Alternatively, email [email protected] for assistance.