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CA-7.1.3

A conventional bank licensee will not be allowed to choose to revert to basic indicator approach once it has been approved for standardised approach without CBB's approval. However, if CBB determines that a conventional bank licensee using standardised approach no longer meets the qualifying criteria for standardised approach, it may require the conventional bank licensee to revert to basic indicator approach for some or all of its operations, until it meets the conditions specified by the CBB for returning to standardised approach.

January 2015