Riyadh, July 6, 2023, SPA -- The Saudi Central Bank (SAMA) announced the issuance of the Implementing Regulations for the Law of Payments and Payment Services to support the objective of enhancing the soundness and efficiency of the payment systems infrastructure in Saudi Arabia.
SAMA regulations for finance companies in Saudi Arabia Saudi Arabian Monetary Agency (SAMA) has established a Cyber Security Framework (CSF) to help control the cybersecurity activities of SAMA's financial institutions and prevent cyber threats.
The KSA NSFR regulation is applicable to all 12 locally incorporated banks on a consolidated basis. Overall, as of 30 June 2018, the NSFR regulation in the KSA is assessed as compliant with the Basel NSFR standard. This is the highest possible grade. Each component is also assessed as compliant. w6Gu.
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  • sama saudi arabia regulations