Regulatory Alerts2017-05-11
Instruments Issued by Licensed Notaries
The Saudi Central Bank authorizes regulated financial entities to accept and treat as executive documents instruments issued by licensed notaries within their statutory jurisdiction, in alignment with the Ministry of Justice’s phased implementation of notarial powers effective 25/11/1437H. This directive confirms that powers of attorney, company contracts, and related amendments authenticated by these notaries carry full executive force under the Execution Law and its regulations. Recipients are instructed to verify notary license validity through the official Ministry of Justice portal and disseminate this authorization to all relevant departments and branches.
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