Licensing Guidelines
- Licensing Guidelines and Minimum Criteria
- Additional Licensing Guidelines and Criteria for Digital-Only Banks in Saudi Arabia Feb 2020
- Introduction
- Purpose and Scope
- Licensing Conditions
- Business Plan
- Capital and Liquidity Requirements
- Physical Presence
- Governance
- Risk Management and Control
- Compliance & Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)
- Technology and Cybersecurity Risks
- Independent Assessment
- Outsourcing
- Exit Plan
- Prudential and Supervisory Requirements
- Consumer Protection
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