Book traversal links for المادة السادسة عشرة بعد المئة
Article 116
Date(g): 13/6/2023 | Date(h): 25/11/1444 | Status: In-Force |
Translated Document
Effective from Jun 13 2023 - Jun 11 2023
To view other versions open the versions tab on the right
Without prejudice to what is required by the laws and regulations in force in the Kingdom:
1. | The payment systems operator shall notify SAMA in the event of a serious disturbance, provided that the necessary measures are taken to address the same. | |||||||||||
2. | The payment systems operator shall develop the necessary policies and procedures for measures to address incidents of serious disruption, leading to any defect in the payment system that results in an actual or potential failure or suspension of the payment system, partially or completely, or leading to the possibility of the payment systems operator becoming bankrupt or insolvent, provided the following is included:
|