Regulatory Alerts2011-11-20
The Joint Forum Report on Asset Securitization
The Saudi Arabian Monetary Agency directs all domestic banks to access, distribute, and actively monitor the Joint Forum’s guidance on asset securitization. This directive addresses market incentives for originators, arrangers, and investors while emphasizing regulatory reforms necessary to sustain responsible securitization practices. Banks must ensure relevant management personnel apply these concepts to their ongoing activities and track compliance with the recommended standards.
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