CIMA appoints new director to oversee Basel II implementation

For banks, proposed new rules cover risk management and loan loss provision to support existing SoG's, and a new rule and revised SoG cover large exposure and credit risk concentration. These are designed to ensure licensed banks have adequate policies and procedures in place to manage the risks inherent in their day-to-day operations.

The board was also updated rules on determining the best options for the Cayman Islands implementation of the revised Basel II Capital Accord. The terms of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here