Prudential Regulations definition

Prudential Regulations means the prudential regulations for banks issued by the Bank of Italy on 17 December 2013 with Circular No. 285 (Disposizioni di vigilanza per le banche) as amended and supplemented from time to time.

Prudential Regulations means Prudential Regulations or other regulations as are notified from time to time by SBP;

Prudential Regulations means the rules, regulations, directions, orders and circulars issued, from time to time, by the State Bank under the Banking Companies Ordinance, 1962 (LVII of 1962) and any other law administered by the State Bank and constituting the regulatory framework applicable to the Bank;

Examples of Prudential Regulations in a sentence

• This condensed interim financial information is unaudited and has been prepared in accordance with approved accounting standards as applicable in Pakistan for interim financial reporting and the requirements of the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980, Modaraba Companies and Modaraba Rules, 1981 and Prudential Regulations issued by the Securities and Exchange Commission of Pakistan (the Modaraba Regulations).

• The Group also maintains general provision in addition to the requirements of the Prudential Regulations on the basis of management's assessment of credit risk characteristics and general bank ing risk such as natur e of cr edit, collateral type, industr y sector and other relevant factors.

• Specific and general provisions are made based on an appraisal of the loan portfolio that takes into account Prudential Regulations issued by SBP from time to time.

• The Group shall recognize ECL on these financial assets using the higher off appr oach, which means that lifetime ECL computed under IFRS 9 is compar ed with regulatory provision required as per Prudential Regulations issued by the SBPUnder the SBP’s instructions, Government Securities and credit exposure in local currency guaranteed by the Government are exempted from the application of the ECL framework.

• This meeting fee requires approval of the shareholders in Annual General Meeting in terms of paragraph C-2 of Regulation G- 1 of Prudential Regulations for Corporate/Commercial Banking issued by the State Bank of Pakistan.

More Definitions of Prudential Regulations

Prudential Regulations means the Prudential Regulations of the State Bank of Pakistan (SBP) for banking companies or other regulations as are notified from time to time by SBP.

Prudential Regulations means the prudential regulations for banks issued by the Bank of Italy on 27 December 2006 with Circular No. 263 (Nuove disposizioni di vigilanza prudenziale per le banche), as amended from time to time.

Prudential Regulations means the set of prudential regulations for corporate/commercial banking issued by the Banking Policy and Regulation Department of the State Bank of Pakistan as amended from time to time.

Prudential Regulations means the prudential regulations for banks issued by the Bank of Italy on 27 December 2006 with Circular No. 263, as subsequently amended and supplemented.

Prudential Regulations means the prudential regulations for banks issued by the Bank of Italy on 17 December 2013 with Circular No. 285 (Disposizioni di vigilanza per le Banche), as subsequently amended and supplemented.

Prudential Regulations means the prudential regulations for banks issued by the Bank of Italy on 27 December 2006 with Circular No. 263 (Nuove disposizioni di vigilanza prudenziale per le banche), as subsequently amended and supplemented.

Prudential Regulations means Prudential Regulations or other regulations as are notified from time to time by the concerned regulatory authorities for banks or NBFIs.