trending Market Intelligence /marketintelligence/en/news-insights/trending/4q3xps8ifstxpqwrvlgcig2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Colombia releases draft of new capital rules for financial entities

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Colombia releases draft of new capital rules for financial entities

Colombia has published a technical document containing new capital criteria following Basel III recommendations for entities in the financial system.

The document is a draft decree and outlines requirements for the implementation of capital cushions, the alignment with Basel III solvency ratio definitions and the updating of the measurement of assets weighted by credit risk level.

It was published by the country's Financial Regulation Unit, or URF, and the document is open for comments until June 18.

According to the URF, the impact of the new capital rules "may be moderate for most entities. However, a transition regime is contemplated for entities that may require significant adjustments."