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78 FORM K Regulation 16 APPLICATION FOR ENFORCEMENT OF MAINTENANCE OR OTHER ORDER IN TERMS OF SECTION 26 OF THE MAINTENANCE ACT, 1998 (ACT No. 99 OF 1998) Reference No. ................................
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Form K Regulation 16 is a required filing form for certain financial institutions to report regulatory capital information to the appropriate regulatory agency.
Financial institutions subject to regulatory capital requirements are typically required to file Form K Regulation 16. These may include banks, credit unions, and other similar institutions.
The specific instructions for filling out Form K Regulation 16 can be obtained from the appropriate regulatory agency. Generally, the form requires the reporting of various capital-related information, such as risk-weighted assets, capital ratios, and other relevant data.
The purpose of Form K Regulation 16 is to provide regulatory agencies with information about a financial institution's capital adequacy and compliance with regulatory capital requirements. It helps the agencies assess the institution's financial health and ability to withstand economic stress.
The specific information required to be reported on Form K Regulation 16 may vary based on the regulatory agency and applicable regulations. However, common items include risk-weighted assets, capital ratios, regulatory adjustments, and any other capital-related information specified in the reporting instructions.
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