5.2 Exposures/Transactions Exempted from Related Parties Limits.
Effective from Jun 16 2022 - Aug 31 2022
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| The following exposures/transaction shall be exempt from the limits specified under these Rules: | |
| i. | Banks’ exposures/transactions to the Saudi Government, SAMA, Entities Connected with the Saudi Government, GCC and their central banks. |
| ii. | Entities that are related to the bank only due to above sovereign ownership in both the entity and the bank. This also applies if there is a joint Board member representing and appointed by Saudi Government in both the related party entity and the bank. However, the representative himself or herself is not exempted from the limits specified in these rules. |