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The Central Bank of Barbados (Bank) in furtherance of its responsibility for the regulation and supervision of licensees under the Financial Institutions Act, Cap. 324A made the decision to adopt the Basel II Capital Framework (Basel II) in order to provide a comprehensive risk-based framework for ensuring that licensees maintain adequate levels of capital. The Bank has been introducing Basel II to its supervisory framework in phases, and has to date issued the guidelines listed below for the implementation of Pillars I and II. These guidelines are also found on our Regulatory Guidelines page.