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

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

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