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Saudi Arabia Adopts Precautionary Measures for Establishments Impacting Financial System

Saudi Arabia is preparing to implement a new executive regulation for dealing with important financial institutions, the failure of which may negatively affect the financial system, as part of precautionary measures to confront local, regional and global economic and financial turmoil and crises. The Saudi Central Bank (SAMA) announced on Tuesday, the launch of the draft Executive Regulations for the System for Handling Important Financial Institutions, requesting public reviews specialists, thr...
Saudi Arabia Central Bank Saudi Central Bank National Competitiveness Center Executive Regulations Handling Important Financial Institutions
Source: aawsat.com

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