№ files_lp_3_process_9_15766
Regulatory application form establishing the information requirements for Jersey banks seeking approval from the Jersey Financial Services Commission for large exposures exceeding 25% of agreed capital resources where supported by a counterparty guarantee under an approved Concession Limit.
Jurisdiction: Jersey
Regulatory Authority: Jersey Financial Services Commission (JFSC)
Regulatory Framework: Code of Practice for Deposit-taking Business (Section 5.4 and Appendix III)
Document Type: Regulatory application form
Subject: Approval of large exposure exceeding 25% of agreed capital resources
Applicable Sector: Deposit-taking business
Applicant: Registered person (Jersey bank)
Exposure Threshold: Above 25% of agreed capital resources (ACR)
Related Concept: Concession Limit Guarantee
Required Accompanying Document: Covering explanatory letter
Reporting Basis: Latest prudential return
Capital Measures Referenced: Adjusted Capital Base (ACB), Agreed Capital Resources (ACR), CET1, Tier 1, Total Capital
Price: 8 / 10 USD
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