IBANK 7.3.3 Reporting to Regulatory Authority

The Regulatory Authority may, by notice given to an Islamic banking business firm, require the firm to report internal loss data in the level 1 categories set out in Annex 9, Detailed loss event classification, to International Convergence of Capital Measurement and Capital Standards: A Revised Framework Comprehensive Version, published by the Basel Committee on Banking Supervision in June 2006.

Derived from QFCRA RM/2020-3 (as from 1st January 2021)