Version Date: December 2022
| INTRODUCTION AND SCOPE | 1 |
| PILLAR 1 | 2 |
This document articulates all guidance that have been drafted for banks in the UAE with regards to capital.
The Guidance is based closely on requirements of the framework for capital adequacy developed by the Basel Committee on Banking Supervision.
This Guidance should be read in conjunction with the associated Standards issued by the Central Bank (Standards re Capital Adequacy of Banks in the UAE – December 2022).
This guidance explains how banks can comply with the Tier Capital Supply Standard. It must be read in conjunction with the Capital Regulation and Standards for Capital Adequacy of Banks in the UAE. Guidance regarding Minimum Capital Requirement and Capital buffer as stated in the document have to be followed by all banks for the purpose of regulatory compliance.
To help and ensure a consistent and transparent implementation of Capital supply standards, Central Bank will review and update this guidance document periodically.
The guidance docume...