Fiscal Year 2025
Capacity Development Activities
Financial Supervision and Regulation
Enhancing Supervision and Regulation on Capital Adequacy Framework
As part of a multi-step project aimed at a full development and implementation of the Basel III Capital Adequacy Framework, a mission during 9-13 June assisted the Central Bank of Yemen (CBY) supervisors in capacity developing of Basel III Capital Adequacy Framework Pillar 1. The mission presented and discussed the components of Pillar 1, the application of proportionality to regulatory requirements and areas where Yemeni supervisors may exercise national discretion. The review and discussions improved Yemeni supervisors’ understanding of Pillar 1 components and will help them making informed decisions on the development of their own regulation.