BANK 10.1.1 Introduction
(1) This Chapter sets out the requirements for a banking business firm’s management of corporate group risk and the measurement of financial group capital requirement and resources.
(2) Group membership can be a source of both strength and weakness to a banking business firm. The purpose of group risk requirements is to ensure that the firm takes into account the risks related to its membership of a corporate group and maintains adequate capital resources so as to exceed its financial group capital requirement.
|Derived from QFCRA RM/2014-2 (as from 1st January 2015).|