Regulatory Alerts2020-10-22
Opening Daycare for Children of Female Workers at Financial Institutions
The Saudi Central Bank issued a circular directing all financial institutions under its supervision to open daycare centers for the children of their female employees. This directive implements Article 159 of the Labor Law and aligns with existing regulatory controls for private child daycare centers. Institutions are encouraged to establish these facilities in compliance with the specified ministerial decision and regulatory guidelines.
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