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Article (One): Scope of Application of this Regulation

Effective from Apr 17 2025 - Feb 15 2025
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This Regulation applies to Netting Agreements and related Financial Collateral Arrangements in connection with one or more Qualified Financial Contracts entered into with at least one Party that falls under SAMA supervision, it shall also apply to Netting Agreements and related Financial Collateral Arrangements in connection with one or more Qualified Financial Contracts to which a Bankrupt Party is a Party supervised by SAMA.