If your association has comments please forward a consolidated response on its behalf, on or before May 24, 2006.
Please note that a number of proposed Rules and a revised Statements of Guidance pertaining to the banking sector only are being issued for consultation simultaneously.
> Private Sector Consultation Paper
> Rules on Credit Risk Management for Banks
> Rules on Country and Transfer Risk Management for Banks
> Rules on Interest Rate Risk Management for Banks
> Rules on Investment, Securities, and Derivatives Risk Management for Banks
> Rules on Liquidity Risk Management for Banks
> Rules on Loan Loss Provision for Banks
> Rules on Large Exposures and Credit Risk Concentration
> Revised Statement of Guidance ("SoG") on Large Exposures and Credit Risk Concentration
If your association has comments please forward a consolidated response on its behalf, on or before the 23rd June 2006.
30 March 2006 - Credit Risk Asset Classification
With respect to the comments received from the industry on the Statement of Guidance for Credit Risk Asset Classification, please see the attached response from the Cayman Islands Monetary Authority.
> SOG for Credit Risk Asset Classification
Occassionally the membership of CICA will be asked to provide their comments on potential changes to legislation and regulation. Where CICA have been asked to circulate documents for consultation, they are provided below. Please provide your comments to This e-mail address is being protected from spambots. You need JavaScript enabled to view it
5 June 2007: Proposed Statements of Guidance
Proposing the following Statement of Guidance relating to the professional indemnity requirements of trust companies.