Past version: Effective from 18 Jul 2025 to 30 Jun 2007 To view other versions open the versions tab on the right
No value, for Regulatory Capital purposes, may be attributed to any other instrument or resource, without the BMA's written consent. Without limiting the generality of this rule, no value is attributed to any of the following:
(a) any implicit items (which relate to future profits and hidden reserves); and
(b) the unpaid element of any issued shares some or all of which are not 'fully paid' shares.