(1) The Countercyclical Capital Buffer Rate for an exposure:
(a) in the DIFC or elsewhere in the
State, is the rate set by the Central Bank; and
(b) outside the
State, is the rate set by the CCyB Authority for that jurisdiction, unless the DFSA has specified a rate under PIB Rule 3.9A.8, in which case that specified rate applies.
(2) If the rate specified by a CCyB Authority is more than 2.5% then it is taken to be equal to 2.5%, unless the
DFSA specifies otherwise.
Derived from DFSA RM209/2017 (Made 25th October 2017). [VER30/01-18]