CM-4.5.2
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 3 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 with the CBB, in particular those arising from a group treasury function (see Paragraph CM-4.5.6);
(f) Pre-notified exposures which are covered by a guarantee from the bank's parent (see Paragraph CM-4.5.7 to CM-4.5.10);
(g) Sukuk or other securities issued or guaranteed by the Islamic Development Bank (IDB) and any of its subsidiaries;
Amended: January 2011
Added: April 2008
Added: April 2008