Book traversal links for Article 24: Information Technology (IT) and Operational Requirements
Article 24: Information Technology (IT) and Operational Requirements
Effective from 2020-08-25 - Jun 29 2021
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The Money Changer shall, at a minimum, ensure the following: | ||
a. | The technology deployed comprises a set of interoperable infrastructure modules that work seamlessly and harmoniously. There must be a direct connection among the branches of the Money Changer. | |
b. | An electronic record that includes transactions is maintained and is submitted to SAMA upon request. | |
c. | Adequate measures are in place to mitigate all the risks that could arise from the deployment and use of its IT infrastructure. | |
d. | The IT infrastructure is physically and logically secure and can achieve the main goal of automation and electronically provide services in a comprehensive manner. |