GCC Resilience Support

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 16-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.