SAMA seeks public feedback on draft rules for financial institutions’ valuation

20/02/2024 Argaam
Logo ofSaudi Central Bank (SAMA)

Logo of Saudi Central Bank (SAMA)

The Saudi Central Bank (SAMA) seeks public opinion on the draft rules for systematically important financial institutions’ valuation, through Istitlaa platform over a period of 15 days.

 

The project aims to complete the regulatory framework to protect the financial industry in Saudi Arabia, through conducting fair, prudent and realistic valuation of the assets and liabilities of an institution, prior to taking the relevant procedures provided in the Law of Systemically Important Financial Institutions issued on Dec. 10, 2020.

 

These rules were developed in cooperation with the Saudi Authority for Accredited Valuers to conduct the valuation for the financial institutions classified as systematically important by SAMA.

 

To review draft rules for systemically important financial institutions’ valuation Rules

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.