Unified UAE Legislation Database
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ADGM Prudential – Investment, Insurance Intermediation and Banking Rulebook (PRU)

Status

In force

Issuing Authority

ADGM

Effective date

XX.XX.XXXX

Official Link

https://

(VER19.010126)

These Rules are divided into the following Chapters, Parts, Sections and Appendices:

1APPLICATION, INTERPRETATION AND CATEGORISATION1
1.1Application1

3.16 Adequate Capital Resources for Categories 1, 2, 3A and 5 ...88 3.17 Capital Conservation Buffer ...88 3.18 Countercyclical Capital Buffer ...89 3.19 Combined Buffer ...91 3.20 Adequate Capital Resources For Categories 3B, 3C and 4 ...95 PART 5 - Leverage ...96 3.21 The Leverage Ratio ...96 4 CREDIT RISK ...99 PART 1 – Application ...99 4.1 Application ...99 PART 2 - Credit Risk systems and controls ...100 4.2 Application of this part ...100 4.3 Credit Risk management systems ...100 4.4 Credit Risk strategy, policy, and procedures manual ...104 4.5 Processes for credit assessment ...109 PART 3 - CRCOM ...115 4.6 Application ...115 4.7 Simplified Approach ...115 4.8 Calculation of the CRCOM ...116 4.9 Methodology for measurement of Exposures ...118 4.10 Categorisation of Credit Risk Exposures (CR Exposures) ...124 4.11 Credit Quality Grades and External Credit Assessments ...126 4.12...