CM-5.6.2
Past version: Effective from 01 Jan 2011 to 31 Dec 2014
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These exemptions fall into the following categories and are subject, in each case, to the policy statement as agreed with the CBB:
(a) Short term (i.e. up to three months original maturity) interbank exposures to parties not connected to the reporting bank;
(b) Exposures to GCC governments, and their public sector entities that do not operate on a commercial basis, as set out in the guidelines to the PIR (see Module CA) where such bodies are not connected to the reporting bank;
(c) Exposures to OECD central governments or exposures secured by OECD central government securities / guarantees;
(d) Exposures secured by cash or GCC government securities /guarantees;
(e) Specific connected short-term exposures agreed with and approved in advance by the CBB, in particular those arising from a group Treasury function (see Paragraph CM-5.6.5);
(f) Pre-notified exposures which are covered by a guarantee from the bank's parent (see Paragraphs CM-5.6.7 to CM-5.6.10); and
(g) Sukuk or other securities issued or guaranteed by the Islamic Development Bank or its subsidiaries.
Amended: January 2011
October 2007
October 2007