Liquidity Coverage Ratio Disclosure Standards

Ba11killg Supervisio11 Dept.
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From Saudi Arabian Monetary Agency
CC H.E. Abdulaziz AI-Helaissi, Deputy Governor for Supervision To All Banks Attention : Managing Directors, Chief Executive Officers and General Managers Subject Basel Committee on Banking Supervision Document regarding Liquidity Coverage Ratio Disclosure Standards This finalized BCBS disclosure framework is focused on disclosure requirements for the Liquidity Coverage Ratio (LCR). These requirements will improve the transparency of regulatory liquidity requirements, reinforce the Sound Principles, enhance market discipline, and reduce uncertainty in the markets as the LCR is implemented. The LCR will be introduced from 1 January 2015, with a minimum requirement set at 60%. This will rise in equal annual steps to reach 100% by 1 January
2019. The disclosure requirements set out in the attached document applies
to all banks on a consolidated basis.
SAMA in due course will be developing the specific regulatory disclosure requirement templates under Pillar 3 in consultation with the CFO Committee. These should be implemented effective1 January 2015. The Banks can access this BCBS document from BIS website: www.bis.org entitled "Basel Committee on Banking Supervision Liquidity Coverage Ratio disclosure standards" dated January 2014 for their reference and understanding. Best regards, Alwaleed Alsheikh Director of Banking Supervision P. 0. Box 2992 - Riyadh 11169, Saudi Arabia - Tel.: 01-463 3000 - Telex 404390 SJ - Fax 01-466 2119