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.

In the name of Allah, the Most Gracious, the Most Merciful

Saudi Arabian Monetary Authority
Head Office

Banking Policy Department

Reference: —
Attachments: —

Reference No.: 391000009803
Date: 1439/01/27
Attachments:

Circular

Your Excellency, Respected,

After greetings:
Subject: FAQs on the Liquidity Coverage Ratio (LCR) Framework

The Basel Committee on Banking Supervision has issued answers to the second group of FAQs on the Liquidity Coverage Ratio (LCR) under Basel III, in June 2017, serving as an update to the April 2014 release.

These FAQs aim to enhance consistency among countries in applying Basel III guidelines by providing explanatory clarifications and interpretive directions. The Authority emphasizes the importance of reviewing them via the Bank for International Settlements website (https://www.bis.org/bcbs/publ/d406.pdf).

Accept my regards,

Sulaiman bin Rashid Al-Jabr
Acting Director of Banking Policy Department

Distribution Scope:

Local banks operating in the Kingdom.

Al-Mubari, P.O. Box 2992, Riyadh 11169, Telegram Address: Markazi, Telex: 404400, Phone: 4633000, Fax: 4662414

FAQs on the Liquidity Coverage Ratio Framework

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