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Article 16: Insurance

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 Money Changers are obligated, at all times, to obtain insurance coverage from a licensed insurance service provider in the Kingdom, provided that it covers all property belonging to the Money Changer, including cash and transferable financial instruments of all kinds.