Book traversal links for Annex 1
Annex 1
C 1/2023 Effective from 26/7/2023Large Exposures Regulation 1 Annex 1 Summary of regulatory large exposure limits | ||
Exposure type | Aggregate limit | Individual limit |
General large exposure limit Applies to any exposure unless specifically stated otherwise. | ||
1.1 A single borrower or group of related borrowers | n/a | 25% |
Exposures with specific limits Limits overriding the general large exposure limit. | ||
Sovereign and UAE public sector entity exposures | ||
1.2 UAE federal government and their non-comm. PSEs treated as sovereign | n/a | |
1.3 Foreign sovereigns rated at least AA- | ||
1.4 UAE local governments | 150% | n/a |
1.5 Non-commercial entities of UAE local governments | 25% | |
1.6 Commercial entities of UAE federal and local governments | 100% | 25% |
1.7 Self-sustainable commercial entities of UAE federal and local governments | n/a | 25% |
Interbank exposures | ||
1.8 Intraday interbank exposures | n/a | |
1.9 UAE incorporated bank's exposure to its foreign branches (Art. 13.3) | 30% | n/a |
1.10 G-SIB's exposure to another G-SIB | n/a | 15% |
Transactions with related parties | ||
1.11 Shareholders who own 5% or more of a Bank's capital, the Group of Connected Counterparties they belong to, and their Related Parties | 50% | 20% |
1.12 Bank's non-bank subsidiaries and affiliates | 25% | 10% |
1.13 Bank's board members | 25% | 5% |
1.14 Bank's external auditors | Prohibited | |
Application to branches of foreign banks (lower of branch capital limit and entity Tier 1 capital limit) | Entity Tier 1 capital | Branch capital |
1.15 General large exposure limit | 25% | 250% |
1.16 Funded exposures to own head office, its subsidiaries, affiliates and branches | n/a | 30% |
1.17 Unfunded exposures to own head office and its branches | n/a | 300% |