Regulatory Alerts2022-04-25
Added · Updated
Saudi Central Bank Banks Investment Rules
The Saudi Central Bank (SAMA) issued the Banks Investment Rules to establish a comprehensive internal framework for bank investments, governance, and risk management. The regulations mandate that banks implement robust investment policies, maintain strict oversight by the Board of Directors, and adhere to specific prudential exposure limits and diversification requirements. These rules became effective on October 1, 2022, requiring all licensed banks to align their investment strategies and procedures with SAMA's regulatory standards.
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