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Comments on Consultative Documents for Credit Risk Capital Charge and ICAAP

Published: Thursday December 1st, 2016

On October 9, 2015, the Central Bank in progressing our implementation of the Basel II and III framework in The Bahamas, issued the following draft documents:

1)Consultation Paper on the Calculation of the Capital Charge for Credit Risk; and, 2)Consultation Paper on the Guidelines for the Internal Capital Adequacy Assessment Process(ICAAP) for Licensees.

We received comments from a few licensees on these papers and have finalized the documents. For information purposes, we have compiled a listing of the comments received, along with the Central Bank’s response to these comments. Please see the document below.