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Principle 5: Protection Against Fraud and Misuse

No: 44006639 Date(g): 23/8/2022 | Date(h): 26/1/1444 Status: In-Force

The financial institution must protect costumers’ assets against fraud and put in place technical and control systems that are highly efficient and effective to limit and detect fraud, embezzlement or misuse and take the necessary action if any incident occurs, in accordance with the relevant regulations and instructions.