Jasser, Governor of Saudi Arabian Monetary Agency (SAMA), said that any complicated financial system is able to detect any fragile financial risks. He added that there is a need to expand the range by which risks can be detected, pointing out that in the Kingdom of Saudi Arabia, a number of measures is used avoid such risks. "Saudi financial and banking system managed to avoid the substantial negative impact of the global financial crisis in the international market because it applies strict regulations governing the effectiveness of the principles of justice on deposits and assets of liquidity", Dr. Al-Jasser stressed.
