Book traversal links for 3. Scope and Proportionality
3. Scope and Proportionality
Effective from 2020-10-17 - Oct 16 2020
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i. | These guidelines shall be applicable to all locally incorporated banks licensed and operating in the Kingdom of Saudi Arabia. |
ii. | The ILAAP is, above all, an internal process, and it remains the responsibility of individual banks to implement it in a proportionate and credible manner. The bank’s ILAAPs has to be proportionate to the nature, scale and complexity of the activities of the bank. |