HC-6.6.34

Past version: Effective from 01 Jul 2018 to 31 Dec 2021
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More specifically, the Islamic bank licensee must undertake reviews referred to in HC-6.6.33 with regards to the following individual areas that are relevant to the risk management framework:

(a) ICAAP Framework referred to in Module IC;
(b) capital adequacy requirements under Module CA;
(c) recovery and resolution planning and RRP documents referred to in Module DS;
(d) credit risk management framework and compliance with Module CM;
(e) operational risk management framework and compliance with Module OM;
(f) rate of return risk in the banking book framework referred to in Module RRRBB; and
(g) stress-testing framework included in Module ST.
Added: July 2018