Book traversal links for المادة السادسة عشرة بعد المئة
Article 116
No: 000044093096 | Date(g): 13/6/2023 | Date(h): 24/11/1444 | Status: In-Force |
Effective from Jun 13 2023 - Jun 12 2023
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Notwithstanding any other applicable laws and regulations in the Kingdom:
(1) | A Payment System Operator must notify SAMA in the event of a Serious Disruption and shall take appropriate measures. | |||||||||||
(2) | A payment System Operator must prepare the necessary policies and procedures for measures to handle Serious Disruption incidents that result in a total or partial actual or potential failure or suspension of the Payment system or lead to actual or potential bankruptcy of the Payment Systems Operator, and they must include:
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