Article 24: Information Technology (IT) and Operational Requirements
Effective from 2020-08-25 - Jun 29 2021
To view other versions open the versions tab on the right
| 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. | |