Saudi Arabia’s Capital Markets Authority (CMA) is asking international banks in the country to publicly disclose financial statements as the regulator seeks transparency in the kingdom’s financial system.

The CMA has asked financial institutions it regulates to publish the information on their websites from April 1, news agency Bloomberg cited an emailed response to questions from an unnamed to official at CMA, who didn’t give further details.

Banks will also have to disclose pay of their senior executives and significant risk factors, two people with knowledge of the matter said told Bloomberg.

The disclosure will give insight into how much money banks are making in the kingdom, amid slumping economic growth, and the cost of employing top bankers. Saudi Arabia is the world’s largest oil exporter and the biggest Arab economy. The country is one of HSBC’s 19 priority growth markets, while Deutsche Bank said it posted its best-ever performance in Saudi Arabia last year. U.S. banks such as JPMorgan and Goldman Sachs also have a presence in the country.

The kingdom is home to the GCC’s largest stock market and currently 12 publicly traded domestic lenders regulated by the CMA disclose their financial statements. Entities licensed by the CMA, include the units of international banks and the investment-banking and securities arms of local lenders.

JPMorgan is among banks looking to hire in the country and plans to increase headcount by about 10 percent this year, Bader Alamoudi, chief executive officer of the bank’s local investment banking unit, said in January

The CMA seeks to firmly asset market regulations. It started a probe into Etihad Etisalat (Mobily) for suspected violations of rules related to the disclosure of financial information, market manipulation and insider trading last year. The regulator also banned Deloitte from auditing any listed company in December 2014 after a dispute relating to its accounting work for Mohammad al-Mojil Group, a construction-industry services provider.