CA-3.2.2
With reference to Paragraph CA-3.2.1(a), claims on sovereigns means receivables from a sovereign government or its central bank, generally in the form of sovereign debt (such as bonds, sukuk etc.). Position Risk Requirement (PRR) of 0% applies to claims on the governments of GCC member states and their central banks. Claims on the governments of other sovereign states and their central banks also attract a PRR of 0% provided such claims are denominated and funded in the relevant domestic currency of that sovereign/central bank. PRR of 0% for claims on GCC/other sovereigns and their central banks will apply only if the relevant supervisor of that jurisdiction also provides a similar relief on claims on its government and central bank.
Added: October 2019