Regulatory Alerts2020-10-13
Updating the data collection form for exchange centre employees
The Saudi Arabian Monetary Authority has updated the employee data collection form for exchange centres, mandating quarterly submissions within fifteen days of each quarter’s end starting from the fourth quarter of 1442H. This circular requires all exchange centres to provide the updated form via email and strictly adhere to the revised reporting schedule. Non-compliant entities will face regulatory enforcement actions as stipulated under Article Twenty-Nine of the Exchange Centres Regulations.
Share