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Ensuring SAMA’s NOC is Received before Sharing Information, Data, and Statistics with Various Entities

No: 150410000067 Date(g): 15/11/2018 | Date(h): 7/3/1440 Status: In-Force

Translated Document

Effective from 2018-11-15 - Nov 14 2018
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Referring to the Credit Information Law issued by Royal Decree No. (M/37) dated 5/7/1429H and its Implementing Regulations, and the importance and sensitivity of the information and data obtained by credit information companies under their mandates.

SAMA emphasizes the necessity of obtaining SAMA's non- objection before sharing any data or statistics to governmental or non-governmental entities, except for what is included in the agreements signed with members based on the Credit Information Law and its Implementing Regulations.