The objective of this Regulation is to regulate 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 and to ensure their enforceability in accordance with their terms both outside the scope of Bankruptcy Proceedings and following the commencement of any Bankruptcy Proceedings, according to the provisions of article (Two Hundred Fourteen) of the Bankruptcy Law and article (Seventy-Nine) of its implementing regulation.