Supervision Guidelines for Identifying and Dealing with Weak Banks

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Banking Supervision Dept.
From Saudi Arabian Monetary Agency
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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 Consultative Document regarding Supervisory guidelines for identifying and dealing with weak banks (__.1 The Basel Committee is publishing a consultative document on supervisory guidelines for identifying and dealing with weak banks. Weak banks are a worldwide phenomenon. The Supervisory and Regulatory authority such as SAMA should be ready to deal with them. This document provides a toolkit offering practical guidelines in the areas of problem identification, corrective action, resolution techniques and exit strategies. The Banks can access this BCBS document from BIS website: www.bis.org where they are expected to review it and provide comments by 21 August 2014 by e-mail. Best regards, 7 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