| From: | Saudi Arabian Monetary Agency (SAMA)
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| To: | All Banks
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| Attention: | Managing Directors, Chief Executive Officers and General Managers
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| Subject: | Amendments in LCR Rules
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In view of a recent review of SAMA LCR rules by the Basel Regulatory Consistency Assessment Program (RCAP) Team, there are few corrections, clarifications and amendments to SAMA LCR rules. These are highlighted in the attached documents as below:
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| | a. | SAMA's General and Specific Guidance concerning amended LCR dated November 2014.
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| | b. | SAMA's circular # 351000133366 dated 25 August 2014 concerning BCBS Document regarding Liquidity Coverage Ratio Disclosure Standards
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Banks are advised to follow these changes with effect from the date of this circular.
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| Osamah M. Shaker |
Director General of Banking Control
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