The second Session of the Commision for money and Capital market
The second Session of the Commision for money and Capital market was held on 12th of March 2018
At the meeting were discussed dilemmas and ambiguities regarding the implementation of new regulations for the banking sector and the following conclusions were made:
-It it necesary to initiate with the banking agencies correction of the corrective factor to 30% of stable deposits when presenting maturity adjustment during the transitional period of parallel reporting on liquidity risk;
-Again was actualized need to open EUR account with the Central Bank of BiH for the needs of commercial banks;
- It was proposed to initiate to gain a legal opinion in BiH, ie to interpret MIDF II - CSA / EMIR regulations in order to enable banks to trade in financial derivatives;
- In relation to the treatment of investments in the entity's securities, it was concluded that the new Decision on the calculation of capital in banks did not clearly define the treatment of claims-exposures to the governments in BiH, entities and Brčko District, in EUR currency or BAM with EUR clause considering the calculation of capital adequacy and the limits of exposure and, in this respect, requires interpretation;
In addition to the above, the Commission also considered regulations related to the treatment of exposures to related banks, currency risk in EUR which does not respect the fact that BiH is applying the currency board regime and the legal link between the domestic currency and the EUR.
At the session, an initiative was launched to establish a Forum for Money and Capital Market in BiH.