5/1. Role of the Central Bank
| No: 381000003528 | Date(g): 10/10/2016 | Date(h): 9/1/1438 |
Translated Document
Effective from 2016-10-10 - Oct 09 2016
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1. The Central Bank performs its supervisory and regulatory role in committee meetings by appointing one or more qualified individuals to attend all committee meetings as "observers."
2. Committee meetings are held with the Central Bank’s knowledge and approval; the institution's representative must be provided with meeting schedules and minutes. The Central Bank has the right to propose amendments or additions to the minutes.
3. The Central Bank reviews proposals submitted by the executive committee on supervisory and regulatory matters, as well as other topics.