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Article 26

No: M/38 Date(g): 10/12/2020 | Date(h): 25/4/1442

Effective from Jun 16 2021 - Jun 15 2021
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The competent authority may determine the method for executing new financing contracts concluded by the SIFI under resolution, including the execution of the following: 
 
1.The obligation to pay or deliver, or the obligation to receive or accept payment.
 
2.Termination or expedition.
 
3.Set-off or payment of agreed settlement.
 
4.Identification of cases where sham or fraudulent transactions which precede the SIFI crisis are terminated.
 
5.Enforcement of guarantees.