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 anyCR Exposure in the MDB asset class in accordance with the following table:Risk Weights for the MDB asset classCredit 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 anyCR Exposure to the qualifying MDBs set out below:(a) The WorldBank Group comprised of the InternationalBank for Reconstruction and Development (IBRD), the MultilateralInvestment Guarantee Agency (MIGA), and the International Finance Corporation (IFC);(b) The Asian DevelopmentBank (ADB);(c) The African DevelopmentBank (AfDB);(d) The EuropeanBank for Reconstruction and Development (EBRD);(e) The Inter-American DevelopmentBank (IADB);(f) The EuropeanInvestment Bank (EIB);(g) The EuropeanInvestment Fund (EIF);(h) The NordicInvestment Bank (NIB);(i) The Caribbean DevelopmentBank (CDB);(j) The Islamic DevelopmentBank (IDB); and(k) TheCouncil of Europe DevelopmentBank (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 anyCR Exposure to theBank for International Settlements, the International MonetaryFund , the EuropeanCentral Bank , the EuropeanCommission , 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]