New Capital Requirements for Financial Assets situated in Estonia – C222

July 7, 2017

As in accordance with Circular 222 – Decision of the Cyprus Macroprudential Authority (Central Bank of Cyprus) concerning Recommendation ESRB/2016/4 of the European Systemic Risk Board with regard to the adoption, via reciprocity, of a macroprudential measure adopted by Estonia, CySEC informs Cypriot Investments Firms of Central Bank of Cyprus decision to impose 1% (one percent) systemic risk buffer rate on all exposures located in Estonia. All CIFs with financial assets situated in Estonia must now include in their calculation of capital requirement the aforementioned decision of the CBC.

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