CA-5.3.5
Banks are allowed, as a failsafe, to substitute total assets of the consolidated group for total sales in calculating the SME threshold and the firm-size adjustment. However, total assets should be used only when total sales are not a meaningful indicator of firm size. The criteria for definition of SME will be assessed by CBB on a regular basis. The external auditors are required to assess the reasonableness of identification criteria.
Apr 08