The Central Bank of The Bahamas has opened a 60-day industry consultation on draft Banks and Trust Companies (Large Exposures) Regulations and draft Large Exposures Guidelines, proposing amendments to the large exposures framework for Supervised Financial Institutions (SFIs). The proposed framework introduces enhanced prudential standards intended to limit the maximum loss an SFI could face from a sudden counterparty default, with the aim of keeping such losses within levels that would not compromise solvency and supporting the broader capital framework. The package is positioned as part of the Central Bank’s efforts to align domestic requirements with international best practices. As part of the consultation, selected SFIs will be invited to a focus group to review and complete a Large Exposures Quantitative Impact Study Template and discuss any material large exposures concerns. The consultation closes on 14 March 2026.
Central Bank of the Bahamas 2026-01-13
Central Bank of The Bahamas launches 60-day consultation on draft Basel III large exposures regulations and guidelines
The Central Bank of The Bahamas has initiated a 60-day consultation on draft regulations and guidelines to amend the large exposures framework for Supervised Financial Institutions, aiming to enhance prudential standards and align with international best practices. The consultation, which includes a focus group and a Quantitative Impact Study, concludes on 14 March 2026.