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Article [18]

Date(g): 13/6/2023 | Date(h): 25/11/1444 Status: In-Force

Effective from Jun 13 2023 - Jun 12 2023
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The licensee may not completely or partially cease to practice any of its activities or services unless it obtains prior written approval from the SAMA to do so, provided that such cessation does not lead to a breach of the licensee’s obligations with respect to its clients, creditors, shareholders or members - as the case may be - or the safety and stability of the financial sector.