Guidance to completing the Settlement Risk module of BSL/2
Under Basel II banks should develop, implement and improve systems for tracking and monitoring credit risk exposures arising from unsettled and failed transactions, as appropriate. They should produce management information that facilitates action on a timely basis.
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Module 6 is designed to provide the Regulator with an assessment of a bank’s balance sheet and off-balance sheet activities including, for subsidiaries only, its capital resources.
Read MoreGuidance to completing the Individual Capital Guidance module of BSL/2
Module 7, Individual Capital Guidance (”ICG”) is intended to show the Commission that a bank has adequate financial resources to meet the risks to which it is exposed.
Read MoreGuidance to completing the Prudential Information module of BSL/2
Report deposit liabilities of the bank placed by a group company (“group” has the meaning given in section 2 of the Nevis International Banking Ordinance, 2014 (the “Ordinance”)). This definition may not necessarily concur with those applied by the bank’s auditors under US or International accounting standards. Disclosure in the annual audited financial statements should continue to be guided by those accounting standards (or such other body of generally accepted accounting principles as agreed in
writing by the Regulator). Exclude deposits from companies which are included in the consolidation of form BSL/2.
Guidance to completing the Maturity Analysis module of BSL/2
The Regulator recognises that banks may not measure their liquidity using the particular maturity ladder technique described below. Nevertheless all banks are required to complete this section.
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