{"id":360,"date":"2025-06-27T01:14:06","date_gmt":"2025-06-27T01:14:06","guid":{"rendered":"https:\/\/fsc.projectfive.co.ck\/?page_id=360"},"modified":"2025-06-29T00:41:53","modified_gmt":"2025-06-29T00:41:53","slug":"guidance","status":"publish","type":"page","link":"https:\/\/fsc.projectfive.co.ck\/?page_id=360","title":{"rendered":"Guidance"},"content":{"rendered":"
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\nGuidance\n<\/h1>\n<\/div>
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Statements & Guidelines<\/h4>

The Financial Supervisory Commission has issued a number of Prudential Statements & Guidelines.<\/p>

These are:<\/p>\n<\/div>

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Banks - Prudential Statements<\/h4>

BPS01 \u2013 Bank Licensing<\/a>\u00a0\u00a0\u00a0<\/p>

BPS02 \u2013 Capital Adequacy<\/a><\/p>

BPS03 - Credit Risk<\/a><\/p>

BPS04 \u2013 Quarterly Return<\/a><\/p>

BPS05 \u2013\u00a0Audit<\/a><\/p>

BPS06 \u2013 Fit and Proper\u00a0<\/a><\/p>

BPS07 \u2013 Liquidity Risk<\/a><\/p>

BPS08 \u2013 Large Exposures<\/a><\/p>

BPS09 - Governance and Risk Management<\/a><\/p>

BPS10 - Operational Risk<\/a><\/p>

BPS11 - Business Continuity Management<\/a><\/p>

BPS12 - Outsourcing<\/a><\/p>

BPS13 - Investment Risk<\/a><\/p>

BPS14 - Related Lending, Activities and Entities<\/a><\/p>

PS 08-2006 \u2013 Customer Due Diligence<\/a><\/p>\n<\/div>

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Insurance - Prudential Statements<\/h4>

PS 11.1-2009\u00a0- Insurance Licensing Requirements \u2013 For a Category \u2018A\u2019 or \u2018C\u2019 Licence\u00a0\u00a0<\/a><\/p>

PS 11.2-2009 - Insurance Licensing Requirements \u2013 For a Category \u2018B\u2019 Licence<\/a>\u00a0\u00a0<\/p>

PS 11.3-2009 - Insurance Licensing Requirements \u2013 For an External Insurer\u00a0\u00a0<\/a><\/p>

PS 11.4-2009 - Insurance Licensing Requirements \u2013 For an Insurance Intermediary\u00a0\u00a0<\/a><\/p>

PS 11.5-2009 - Insurance Licensing Requirements \u2013 For an Insurance Manager<\/a><\/p>

Money-Changing and Remittance Businesses - Prudential Statement<\/h4>

PS 12-2010 - Money-Changing and Remittance Businesses Licensing Requirements<\/a><\/p>

Trustee Company - Guidelines<\/h4>

Managed Trustee Company Guidelines<\/a><\/p>

Registry Practice Memo<\/h4>

Registrar Practice Memoranda (RPM01\/2021)<\/a><\/p>\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"

Guidance LEGISLATION Statements & GuidelinesThe Financial Supervisory Commission has issued a number of Prudential Statements & Guidelines.These are: Banks – Prudential StatementsBPS01 \u2013 Bank Licensing\u00a0\u00a0\u00a0BPS02 \u2013 Capital AdequacyBPS03 – Credit RiskBPS04 \u2013 Quarterly ReturnBPS05 \u2013\u00a0AuditBPS06 \u2013 Fit and Proper\u00a0BPS07 \u2013 Liquidity RiskBPS08 \u2013 Large ExposuresBPS09 – Governance and Risk ManagementBPS10 – Operational RiskBPS11 – Business […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_breakdance_hide_in_design_set":false,"_breakdance_tags":"","footnotes":""},"class_list":["post-360","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=\/wp\/v2\/pages\/360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=360"}],"version-history":[{"count":6,"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=\/wp\/v2\/pages\/360\/revisions"}],"predecessor-version":[{"id":442,"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=\/wp\/v2\/pages\/360\/revisions\/442"}],"wp:attachment":[{"href":"https:\/\/fsc.projectfive.co.ck\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}