PRU-EPRS 1.19 Instructional Guidelines — Form B60 — Capital Adequacy Schedule

Past version: effective from 16/12/2007 - 13/04/2013
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Purpose

Form B60 — Capital Adequacy Calculation is intended to calculate the Capital Resources and the Capital Requirements of an Authorised Firm in order to arrive at the overall Capital Adequacy position of the Authorised Firm.

Applicability

This form is applicable to all Categories of Authorised Firm domiciled in the DIFC (i.e. Domestic Firms). Accordingly, this form is not applicable to the Authorised Firms operating through branches in the DIFC.

Content

The structure of this reporting form, which applies to all Categories of Authorised Firm, is designed first to calculate the total eligible capital resources after the appropriate amounts have been charged to cover trading and non trading book risks. It takes into account limitations on the use of different types of capital, including Tiers 1 and 2 capital components. Secondly, it provides a snapshot of the institution's capital adequacy at the reporting date by comparing the adjusted capital resources calculated as described above to the total capital requirement.

Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]