Regulatory Alerts2017-01-10
Added · Updated
Saudi Arabian Monetary Agency Standards on Interest Rate Risk in the Banking Book
The Saudi Arabian Monetary Agency requires all domestic banks to implement revised standards for managing and supervising Interest Rate Risk in the Banking Book, effective 1 January 2018. Banks must submit regulatory returns based on Table A and Table B on a half-yearly basis and provide annual Pillar 3 disclosures using these templates. The standards establish a stricter outlier threshold of 15% of Tier 1 capital and mandate specific quantitative and qualitative disclosures regarding interest rate shock scenarios and modeling assumptions. Domestic banks must send pro forma disclosures based on 30 September 2017 data by 31 October 2017 and prepayment analysis by 31 March 2017.
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.