Book traversal links for 4. Scope of Application
4. Scope of Application
No: 43089486 | Date(g): 24/5/2022 | Date(h): 23/10/1443 | Status: In-Force |
The Regulation will be applicable to all locally incorporated banks as well as the branches of foreign banks licensed and operating in the Kingdom. The branches of foreign banks shall comply with this Regulation only if they plan to expand beyond three branches and to the extent, the Regulation becomes relevant to them.