Through its Regulatory Consistency Assessment Programme (RCAP), the Basel Committee monitors the timely adoption of regulations by its members, assesses their consistency with the Basel framework and analyses the quality of intended regulatory outcomes. The RCAP also helps member jurisdictions to identify deviations from the Basel framework and assesses their materiality.
This report describes the Committee's assessment of the implementation of the Basel Large Exposure (LEX) regulations in the Kingdom of Saudi Arabia. The Saudi Arabian LEX regulations have been assessed as compliant, which is the highest possible grade.