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3. Other Aspects Related to Stress-Testing

Effective from 2020-10-17 - Oct 16 2020
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i.SAMA expects all banks to closely review the above recommendations on stress-testing and develop specific strategies and methodologies to implement those that are relevant and appropriate for their operations.
 
ii.SAMA in its evaluation of banks method and systems under Pillar 1 and Pillar 2 will examine the implementation of these stress-test requirements. It will also review the stress-test methodologies and systems as part of its Supervisory Review Process.
 
iii.As a minimum, a bank should carryout stress-tests at least on an annual basis.