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9. Capital Transferability Between Legal Entities

No: 581 Date(g): 22/9/2008 | Date(h): 23/9/1429

Effective from Jan 31 2009 - Jan 30 2009
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Details of any restrictions on the management's ability to transfer capital during stressed conditions into or out of the business(es) covered. These restrictions, for example, may include contractual, commercial, regulatory or statutory nature. A statutory restriction could be, for example, a restriction on the maximum dividend that could be declared and paid. A regulatory restriction could be the minimum regulatory capital ratio acceptable to SAMA.