Rule · SAMA · 29 Jul 2024

Urge Connectivity with Takamul Platform

The Saudi Central Bank issued this circular urging operating banks to establish technical connectivity with Takamul Holding Company for automated verification of unified identification numbers. This integration streamlines compliance for non-governmental entities that do not require a commercial registration by replacing traditional registration numbers with unified identifiers starting with (7). Banks must conduct technical and cybersecurity tests, implement precautionary measures, and adhere to existing regulatory guidelines when executing this connectivity.

Saudi ArabiaSaudi Central Bank
Annotations and obligations
1 obligation · 4 definitions
  • Obligation 1
  • Definition / condition 4
  • background, boilerplate

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Mentions (1)a document this one mentionsopen the list below the graph ▾Mentions (1): a document this one mentions without changing it — open the list below the graphUrge Connectivity with TakamulPlatform2024-07-29 · this documentUrge Connectivity with Takamul Platform (2024-07-29)
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Mentions (1): 1 document this one mentions without changing it
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Source: Saudi Central Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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