Regulatory Alerts2017-10-17
FAQs on the Liquidity Coverage Ratio Framework
The Saudi Arabian Monetary Authority issued this circular to direct local banks operating in the Kingdom to review and apply the Basel Committee on Banking Supervision’s second set of FAQs on the Liquidity Coverage Ratio (LCR) framework. Updating the April 2014 release, these FAQs provide explanatory clarifications and interpretive directions to ensure consistent global application of Basel III liquidity guidelines. Local banks must consult the official Bank for International Settlements publication online and align their domestic LCR calculations, reporting standards, and compliance procedures with these standardized interpretations.
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