Compliance of Financial Institutions with the Circulars Issued by SAMA
| No: 42027412 | Date(g): 13/12/2020 | Date(h): 28/4/1442 | Status: In-Force |
Translated Document
Based on the supervisory and regulatory role of the Saudi Central Bank (SAMA) over the financial institutions under its oversight, and in its effort to promote transparency and educate those dealing with financial institutions, the public, and those interested in the regulatory and supervisory instructions issued by SAMA.
We would like to inform you about the launch of the "SAMA Circulars Portal," where SAMA aims to provide the circulars issued by SAMA to the public, interested parties, and specialists to achieve a high level of transparency and enhance financial awareness.
SAMA also asserts that this portal does not absolve any financial institution from the obligation to comply with SAMA's instructions that are sent to financial institutions through official written correspondence or the official email of the administrative units of SAMA.