2017-11-01
Added · Updated
The Saudi Central Bank has issued final Guidelines for Management and Measurement of Step-in Risk, requiring all domestic banks to comply with Basel Committee standards on Shadow Banking oversight. The directive mandates enhanced risk assessment and capital allocation practices to mitigate systemic exposures, reduce liquidity impacts, and standardize cross-border regulatory approaches. Full compliance is emphasized to strengthen banking capital buffers and ensure consistent application of Step-in Risk protocols across the Kingdom's financial sector.
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