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Annex # 9: National Discretions Basel III – Basel Committee Members Excluding EU

No: 341000015689 Date(g): 19/12/2012 | Date(h): 6/2/1434 Status: In-Force
Para'sDescription of items 
52Consider appropriate audit, verification or review proceduresYes
61Apply a limit lower than 0.6% to excess provisionsNo
78-89FAQ14 consolidation alternative to deductionNo
80 FN 27Permit banks to use a conservative estimate instead of look- throughYes
80Permit banks to exclude investments made in the context of resolutionYes
84 FN 31Permit banks to use a conservative estimate instead of look- throughYes
84Permit banks to exclude investments made in the context of resolutionYes
99Apply para 104 instead of 98 non-IMM CVA chargeNo*
121Allow banks to use unsolicited ratingsNo
132 (c)Apply at solo levelYes
132 (d)Impose time limits on draw down of buffersYes
133Impose shorter transitional periodsNo
142 FN 50Apply at solo levelYes
PON Press release 1 (a) Apply Statutory approachNo

*Amended to Yes as per SAMA circular No. (361000021954), dated 11/2/1436 H.