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Chapter 2: Application of the Rules

No: 65338/99 Date(g): 13/1/2019 | Date(h): 7/5/1440

Effective from Jul 10 2019 - Jul 11 2019
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2-These Rules set the regulatory requirements for licensed finance companies under Finance Companies Control Law issued by Royal Decree No. (M/51) dated 13/08/1433H which have entered into or intend to enter into outsourcing contracts/agreements.
 
3-These Rules shall be read in conjunction with the Finance Companies Control Law and its Implementing Regulations in addition to the relevant laws, regulations, instructions, controls and rules.