(Source: FSB - Financial Stability Board) Press enquiries: +41 61 280 8138 Joe.Perry@bis.org Ref no: 70/2015 The Financial Stability Board (FSB) published today its peer review of Saudi Arabia. The peer review examined three topics relevant for financial stability and important for Saudi Arabia: the macroprudential policy framework, bank resolution and deposit insurance. The review focused on the steps taken by the authorities to implement reforms in these areas, including with respect to relevant recommendations in the 2011 Financial Sector Assessment Program (FSAP) report by the International Monetary Fund and the World Bank. The peer review concludes that a fair amount of progress has...
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