Effective from Aug 31 2021 - Aug 30 2021 To view other versions open the versions tab on the right
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.
