PRUDENTIAL SUPERVISION POLICIES

The following are the Prudential Guidelines issued by the Central Bank of Solomon Islands.

Capital Adequacy - Prudential Guideline No.1

PG01-Capital Adequacy (Revised) (97KB)

Asset Classification and Provisioning -Prudential Guideline No.2

PG02-Asset Classification and Provisioning  (120KB)

Foreign Currency Open Positions - Prudential Guideline No.3

PG03-Foreign Exchange Open Provisions (80KB)

External Audit Requirements -Prudential Guideline No.4

PG04-External Audit Requirements (80KB)

Large Credit Exposures- Prudential Guideline No.5

PG05-Large Credit Exposures (927KB)

Liquidity Management -Prudential Guideline No.6

PG06-Liquidity Management  (71KB)

Prudential Returns -Prudential Guideline No.7

PG07-Prudential Returns (61KB)

Disclosure on Interest Rates, Fees & Charges Title - Prudential Guideline No.8

PG08-Disclosure on Interest Rates, Fees & Charges (137KB)

Complaints Management -Prudential Guideline No.9

PG09-Complaints Management (2MB)

Business Continuity Management- Prudential Guideline No.10

PG10-Business Continuity Management (717KB)

Outsourcing Requirements -Prudential Guideline No.11

PG11-Outsourcing Requirements (841KB)

Related Party Transaction -Prudential Guideline No.12

PG12-Related Party Transaction (2MB)

Information Technology Security Risk Management -Prudential Guideline No.13

PG13-Information Technology Security Risk Management (1MB)

Corporate Governance - Prudential Guideline No. 14

PG14-Corporate Governance (4MB)

Fit and Proper requirements of Persons Holding Responsible Persons Position-Prudential Guideline No.15

PG15-Fit and Proper requirements of Persons Holding Responsible Persons Position (2MB)

Money Laundering, Financing of Terrorism and Risk Managment Prudential Guideline No.16

PG16- Money Laundering and Financing of Terrorism Risk Management (2MB)

Politically Exposed Persons Risk Management Prudential Guideline No.17

PG17- Politically Exposed Persons Risk Management (2MB)

AML requirements for Dealing with Higher Risk Countries- Prudential Guideline No.18

PG18- AML requirements for Dealing with Higher Risk Countries- (687KB)

AML requirements for Risk Assessment of New Products, New Business Practices and Technologies - Prudential Guideline No.19

PG19- AML requirements for Risk Assessment of New Products, New Business Practices and Technologies – (687KB)

Cybersecurity- Prudential Guideline No.20

PG 20 – On Cybersecurity (1MB)

Financial Consumer Protection- Prudential Guideline No.21

PG 21 – On Financial Consumer Protection (1MB)

Use of Cash Agents in Solomon Islands -Practice Guidance Note . 1

PGN01- Practice Guidance Note (2MB)

Mobile Money Services -Practice Guidance Note. 2

PGN02- Practice Guidance Note (2MB)

Governance of Credit Union -Practice Guidance Note. 3

PGN03- Practice Guidance Note 3- Governance of Credit Union  (2MB)

Governance of Credit Union -Practice Guidance Note. 4

PGN04- Practice Guidance Note 4- Credit Risk Management of Credit Unions  (2MB)

Governance of Credit Union -Practice Guidance Note. 5

PGN05- Practice Guidance Note 5- Allowances for member of Board of Directors and Committees of the Credit Union   (2MB)

COI Directive.1- Controller of Insurance on Minimum Requirements for Offshore Placement of Insurance Business

COI Directive.1- Controller of Insurance On Minimum Requirements for Offshore Placement of Insurance Business  (1MB)

COI Directive.2-Market Conduct of Insurance Brokers

COI Directive.2- Market Conduct of Insurance Brokers (2MB)

COI Directive.3 Reinsurance Managment Strategy

COI Directive.3- Reinsurance Management Strategy (1MB)

COI Directive.4 - Complaints Management of Insurance Companies and Insurance Intermediaries licensed in Solomon Islands

COI Directive.4- Complaints Management of Insurance Companies and Insurance Intermediaries licensed in Solomon Islands (1MB)

COI Directive.5 - Insurance Agent

COI Directive.5- Insurance Agent (1MB)

Prudential Standard No.1 - Governance (For Banks Only)

Prudential Standard No.1 – Governance

Prudential Standard No.2 - Risk Management (For Banks Only)

Prudential Standard No.2  – Risk Management

Prudential Standard No.3 - Operational Risk Management (For Banks Only)

Prudential Standard No.3 – Operational Risk Management

Prudential Standard No.4 - Business Continuity Management (For Banks Only)

Prudential Standard No.4 – Business Continuity Management

Prudential Standard No.5 - Open Foreign Currency Positions for Commercial Banks

Prudential Standard No.5 – Open Foreign Currency Positions for Commercial Banks