Riskweise translates GCC central bank resilience directives into operational reality at bank level — across CBUAE, SAMA, CBK, QCB, CBB and CBO frameworks — covering deferral eligibility logic, IFRS 9 staging implications, executive dashboards, and complete audit trail documentation.
When GCC central banks issue resilience packages — typically in response to economic stress, sectoral disruption, or specific borrower segments needing relief — financial institutions face an immediate execution challenge. Riskweise has supported banks through multiple regulatory packages and has tested workflows ready to deploy.
Translate central bank directives into bank-level policies. Define deferral eligibility criteria. Map IFRS 9 staging implications for each borrower category and deferral type. Establish governance frameworks with explicit approval pathways and override controls.
Deploy standardised tracking templates that move requests from receipt to approval to execution. Automate the request-to-approval workflow where systems support it. Track liquidity and capital impacts of cumulative deferral activity. Integrate with core banking where the deferral creates account-level operational changes.
Executive dashboards showing real-time deferral activity for Board and ExCo. Regulatory compliance reporting in the format expected by the home central bank. IFRS 9 SICR and ECL monitoring at portfolio and customer level. Complete audit trail documentation for subsequent supervisory review or external audit.
A regulatory directive — typically time-bound — that requires or enables banks to provide payment relief, restructured terms, or modified credit conditions to specified borrower categories. Examples include CBUAE's Targeted Economic Support Scheme cycles, SAMA SME and individual deferral programmes, and similar directives from CBB, QCB, CBK, and CBO. Each package has specific eligibility, treatment, reporting, and capital / IFRS 9 implications.
A payment deferral arising from a central bank directive does not automatically trigger Stage 2 migration if the directive itself is the sole driver — IFRS 9 staging looks at significant increase in credit risk, not at modification mechanics. But the bank still needs to assess SICR on each deferred customer (using the full SICR framework, not just the deferral itself), document that assessment, and apply consistent treatment. Riskweise builds the staging policy that makes this operational.
Three workstreams in parallel: policy and decision rules (legal and compliance own this); operational templates and tracking (operations and credit risk); and IFRS 9 / capital impact monitoring (finance and risk). The Riskweise tracking tool sits at the centre — a request comes in, eligibility is assessed against documented criteria, approval is recorded, and the IFRS 9 / capital implication is flagged automatically. The audit trail is built as a side effect, not a separate exercise.
Yes. The 13-Scenario Stress Testing Tool and the GCC resilience tracking workflows were tested with financial institutions operating under the most recent CBUAE Resilience Package. Adaptable to SAMA, CBK, QCB, CBB and CBO directives — the underlying workflow is standard regardless of which central bank issues the directive.
Time-critical. We have tested workflows, standard policy templates, and IFRS 9 staging logic ready to deploy. For a bank that needs to respond to a directive within days, the framework can be in operation within 1-2 weeks. Full integration with core banking and complete audit trail buildout typically takes 4-6 weeks. The framework is designed for fast deployment without compromising governance rigour.
The audit trail and customer-level documentation become permanent records — needed for subsequent supervisory review, IFRS 9 backtesting, and external audit. Riskweise structures the documentation so it survives the end of the resilience period as standalone evidence. Customers transition out of deferral status with explicit re-staging assessment, documented for each case.
We respond within one business day. No agency-style discovery process — straight to scope, fit, and what you actually need.
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