Entire Section

  • Multilateral Development Bank (MDB) Asset Class

    • PIB 4.12.7

      Subject to Rules PIB 4.12.8 and PIB 4.12.9, an Authorised Firm must risk-weight any CR Exposure in the MDB asset class in accordance with the following table:

      Risk Weights for the MDB asset class

      Credit Quality Grade 1 2 3 4 5 6 Unrated
      Risk Weight 0% 50% 50% 100% 100% 150% 50%
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 4.12.8

      An Authorised Firm must apply a 0% risk weight to any CR Exposure to the qualifying MDBs set out below:

      (a) The World Bank Group comprised of the International Bank for Reconstruction and Development (IBRD), the Multilateral Investment Guarantee Agency (MIGA), and the International Finance Corporation (IFC);
      (b) The Asian Development Bank (ADB);
      (c) The African Development Bank (AfDB);
      (d) The European Bank for Reconstruction and Development (EBRD);
      (e) The Inter-American Development Bank (IADB);
      (f) The European Investment Bank (EIB);
      (g) The European Investment Fund (EIF);
      (h) The Nordic Investment Bank (NIB);
      (i) The Caribbean Development Bank (CDB);
      (j) The Islamic Development Bank (IDB); and
      (k) The Council of Europe Development Bank (CEDB).
      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]

    • PIB 4.12.9

      An Authorised Firm must apply a 0% risk weight to any CR Exposure to the Bank for International Settlements, the International Monetary Fund, the European Central Bank, the European Commission, or the European Stability Mechanism.

      Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]
      [Amended] DFSA RM215/2018 (Made 22nd February 2018). [VER31/04-18]