2016-07-31
Added · Updated
The Saudi Arabian Monetary Agency directs all domestic banks to consult the Basel Committee Net Stable Funding Ratio Frequently Asked Questions. This guidance clarifies interpretation queries from the October 2014 standard to ensure consistent global implementation of Basel III funding requirements. Banks must access the official regulatory document via the Bank for International Settlements website to align their capital planning and reporting accordingly.
From: Saudi Arabian Monetary Agency
To: All Domestic Banks
Attention: Managing Directors, Chief Executive Officers and General Managers
Subject: Basel III - The Net Stable Funding Ratio (NSFR) Frequently Asked Questions
The Basel Committee has received a number of interpretation questions related to the October 2014 publication of the NSFR standard. In order to promote consistent global implementation of these requirements, the Basel Committee periodically reviews frequently asked questions and publishes answers along with any necessary technical elaboration of the rules text and interpretative guidance, if needed. The recently issued document deals with these Frequently Asked Questions (FAQs) and answers on Basel III’s Net Stable Funding Ratio (NSFR).
Banks should access the BCBS document from BIS website www.bis.org.
Thamer AlEssa
Director General of Banking Control
P.O. Box 2992 - Riyadh-11169, Saudi Arabia - Tel : 011-463 3000 - Telex 404390 SJ - Fax : 011-463 2090
الرقم: 371000111606
التاريخ: 1437/10/26
المرفقات:
More like this from SAMA
SAMA published 1 document in the last 30 days. We email you each new one the day it's published.