Rule · SAMA · 22 Jul 2019
Banks, monetary establishments, issuers, insurance companies, and financing companies operating in the Kingdom must enforce CCTV specifications for new or under-construction branches immediately. For existing branches, these entities must submit a modernization plan to the Bank within two weeks, detailing site names, camera counts, and timelines.
Subject: Technical Specifications for the Financial Sector's Television Surveillance System
To Whom It May Concern
Greetings,
With reference to the telegram from His Royal Highness the Minister of Interior, No. 68733, dated 27/03/1440H, concerning the Noble Royal Order No. 59766 dated 20/11/1439H, which mandates the Ministry of Interior to prepare a regulatory framework requiring all government, commercial, and public places, as well as any other places the Ministry deems necessary, to install security surveillance cameras connected to the National Information Center; and with reference to the telegram from His Excellency the Deputy Minister for Security Capabilities, No. 8692, dated 03/09/1440H, which directs relevant authorities to compel banks, financial institutions, and monetary establishments to apply the technical specifications for security systems agreed upon, and to provide the Agency with the implementation timeline.
Attached herewith is the final version of the technical specifications for security systems for the financial sector. We hope for your swift enforcement of these specifications from the date of this circular for all your new or under-construction branches. For currently existing branches, you are required to provide the Bank with a modernization and modification plan within two weeks from the date of this circular, specifying the site name, number of cameras, and the timeline. In case of any inquiries regarding this matter, you may coordinate with the advisor to the Deputy Governor for Financial Sector Development, Mr. Mohammed bin Abdulaziz Al-Amri, at phone (0114662757) or via email (BankingSafetySecurity@SAMA.GOV.SA).
Accept my regards,
Hashim bin Uthman Al-Aqeel
Deputy Governor for Financial Sector Development
P.O. Box 1992, Riyadh 11169, Tel: 4633000 - Fax: 4662037
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