Regulatory Alerts2017-09-17
Basel III - Capital Requirements for Bank Exposure to Central Counterparties April 2014
The Banking Supervision Department of Saudi Arabia issued this directive to implement the Basel III capital framework for banks' exposures to central counterparties. Financial institutions must calculate and maintain adequate capital buffers against counterparty credit risk, directly aligning domestic regulatory standards with the April 2014 BCBS guidelines. Banks are required to access the complete technical document via the Bank for International Settlements website to ensure accurate risk-weighted asset calculations and compliance reporting.
• Banking Supervision Dept. ' I The Banks can access this BCBS document from BIS website: www.bis.org. Best regards, &:.-�-'? / ��,:..-- Alwaleed Alsheikh Director of Banking SupeNision P. 0. Box 2992- Riyadh 11169, Saudi Arabia -Tel.: 01-463 3000-Telex 404390 SJ - Fax 01-466 2119