PIB 5.1.1 Guidance
1. PIB Rule 5.3.1 provides that the
Market Risk Capital Requirement of an Authorised Firm is calculated as the sum of a number of subsidiary Capital Requirements. Sections PIB 5.4 to PIB 5.10 set out the manner in which each of those subsidiary Capital Requirements must be calculated, monitored and controlled by an Authorised Firm.
2. In addition to complying with the applicable
Rules in PIB chapter 5, an Authorised Firm investing in or holding Islamic Contracts whether or not for the purpose of a PSIA will need to take account of the provisions under IFR RulesIFR 5.4.8 to IFR 5.4.14 to calculate the Market Risk for those Islamic Contracts.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]