Based on the powers granted to SAMA under the Saudi Central Bank Law issued by Royal Decree No. (M/36) dated 11/04/1442H, and with reference to the Bankruptcy Law and its Implementing regulations.

We would like to inform you of the issuance of His Excellency the Governor's Decision No. (1/46) dated 18/08/1446H, regarding the approval of the Close-out Netting and related Collateral Arrangements Regulation, along with the list of the Qualified Financial Contracts. Additionally, we note that the mentioned list has been determined by SAMA and the Capital Market Authority, in agreement with the Ministry of Commerce, in implementation to the Bankruptcy Law and its Implementing regulations.

For your information and to be implemented accordingly by the financial institutions to which it applies, and it shall be effective from the date of publication.