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3. Establishment of the DPF

No: 361000089524

Effective from Apr 15 2014 - Apr 14 2014
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 i.The DPF shall be established as an administrative unit in Saudi Central Bank. The head of the DPF unit shall report to the Deputy Governor for Supervision;
 ii.The management and oversight of the DPF shall be provided by a governing committee appointed by the Governor of Saudi Central Bank and its terms of reference will be approved by Saudi Central Bank;
 iii.The governing committee may constitute one or more subcommittees and determine their terms of reference to ensure smooth functioning of the DPF.