KPMG helps clients navigate the increasingly complicated financial landscape towards a prosperous future.
Financial Services Page
Demographic changes, new regulations aimed at improving transparency and the rise of technology means that financial services organisations need to become increasingly focused on the customer.
Sustainable success is not simply a case of responding to individual challenges, but dealing with all these challenges in a holistic way while also looking to the future. Customers need to have confidence in our financial systems. They need to feel that they are protected. They need to receive the right product at the right time. Only then will they have the confidence needed for the economy to flourish.
KPMG's Saudi Arabia professionals are the trusted advisors to the country's leading financial services organizations, helping them create and protect sustainable value.
We leverage the vast knowledge, skills and experience across our offices in Saudi Arabia to help clients to identify and to address their most complex business problems with confidence.
Mohammed Saad Hasheem
In 2014, the IASB issued IFRS 9: Financial Instruments, which replaced IAS 39 Financial Instruments: Recognition and Measurement. IFRS 9 supersedes all previous standards and is mandatory for periods beginning on or after 1 January 2018. Early adoption permitted.