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Compliance with Relevant Laws, Regulations and Instructions

No: 44064343 Date(g): 5/3/2023 | Date(h): 13/8/1444 Status: In-Force
When advertising for any product or service, the financial institutions shall comply with these Rules in a manner consistent with the relevant laws, regulations, rules and instructions, and any subsequent updates thereto, including, but not limited to, the following: 
 
A.Any laws, regulations, instructions and rules issued by the concerned entities regulating the advertisement’s content, such as the Ministry of Media and General Commission for Audiovisual Media.
 
B.Banking Control Law.
 
C.Cooperative Insurance Companies Control Law and its Implementing Regulations.
 
D.Finance Companies Control Law and its Implementing Regulations.
 
E.Real Estate Finance Law and its Implementing Regulations.
 
F.Finance lease Law and its Implementing Regulations.
 
G.Law of Payments and Payment Services and its Implementing Regulations.
 
H.Implementation Rules for Banking Control Law.
 
I.Rules Regulating Consumer Microfinance Companies.
 
J.Rules Regulating Money Changing Business.
 
K.The Updated Regulations for Consumer Financing.
 
L.Regulations for Issuance and Operations of Credit and Charge Cards.
 
M.Regulation of Agent Banking in the Kingdom of Saudi Arabia.
 
N.The Updated Rules for Engaging in Debt-Based Crowdfunding.
 
O.Rules on Outsourcing.
 
P.Code of Conduct and Work Ethics in Financial Institutions.
 
Q.Any relevant instructions issued by SAMA in the future.