IBANK 8.4.13 Regulatory Authority approval of other types of HQLA

(1) The Regulatory Authority may approve assets of types that do not fall within rules 8.4.10 to 8.4.12 as being eligible to be included in an Islamic banking business firm's HQLA portfolio to meet the firm's LCR requirement.
(2) If the Authority approves assets under subrule (1), it must specify whether they are to be treated as level 1, level 2A or level 2B HQLA.
Inserted by QFCRA RM/2018-2 (as from 1st May 2018).