Article 2: Purpose
No: 4686 | Date(g): 11/7/2020 | Date(h): 21/11/1441 | |
Effective from 2021-06-30 - Oct 09 2020
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The objective of these Rules is to: |
| a. | set a regulatory and supervisory framework for conducting Money Changing Business; |
| b. | determine the permissible activities for Money Changers; |
| c. | expand the spread of Money Changing Business, facilitate its provision, and enhance financial inclusion; |
| d. | stimulate innovation, competition and the use of technology in money changing services; and |
| e. | protect the rights of Customers. |
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