PIB 8 Guidance
1. This chapter deals with management of
Group Risk exposure of an Authorised Firm. Group Risk refers to the risk of potential losses incurred by an Authorised Firm on account of its relationship with other members of its Financial Group, if it were to be part of one.
2. This chapter includes requirements that an
Authorised Firm implement:
a. an effective management framework for
Group Risk exposure;
b. a specified methodology for the calculation of
Financial Group Capital Resources and Financial Group Capital Requirements.
3. This chapter also includes requirements limiting
Financial Group exposures and restrictions on the ownership or control of deposit-taking firms.
Derived from RM111/2012 (Made 15th October 2012). [VER20/12-12]