Effective from Feb 24 2020 - Feb 23 2020 To view other versions open the versions tab on the right
1.
Digital-only Banks will be subject to the same set of prudential requirements as with other banks.
2.
In addition, due to the nature of business operations, all (or most) of the data are expected to be in an electronic format. The design of technology solutions in a Digital-only Bank should allow for easy and quick access to complete and accurate information needed for SAMA to perform its supervisory duties.
Book traversal links for Prudential and Supervisory Requirements