PINS 4.4.3 Assumed amortisation of subordinated debt

For the purposes of calculating the amount of subordinated debt that may be included in its eligible capital, an insurer must amortise the principal amount on a straight-line basis by 20% per annum in its final 4 years to maturity.

Amended by QFCRA RM/2015-3 (as from 1st January 2016).