Oman central bank toughens rules for systemic banks
Tougher national rules aim to strengthen the most important banks
The Central Bank of Oman has unveiled a broad framework for the regulation of its domestic systemically important banks (D-Sibs), along the lines prescribed by the Basel Committee on Banking Supervision.
The framework includes a methodology for assessing the degree of systemic importance, which allows the central bank to sort banks into buckets, imposing capital surcharges on the most important.
Systemic banks are also expected to comply with tougher rules on stress testing, submit resolution
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