BANK 4.8.8 Powers of Regulatory Authority

(1) Despite anything in these rules, the Regulatory Authority may, in writing, set specific limits on a banking business firm’s exposures to a related party or to related parties in total.
(2) The authority may direct such exposures to be deducted from regulatory capital when assessing capital adequacy or direct that such exposures be collateralised.
Derived from QFCRA RM/2014-2 (as from 1st January 2015).