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Saudi Arabia’s SAMA orders 5-day advance notice for investment rounds by non-bank finance firms
Saudi Arabia orders financing and payment firms to notify SAMA five days before investment rounds, detailing purpose, value, investors and impact on ownership.
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saudigazette.com.sa
SAMA mandates advance notification of investment rounds by financing companies
The Saudi Central Bank (SAMA) has mandated that all financing companies operating within the Kingdom provide notification to the Central Bank at least five working days prior to…
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gulfnews.com
Saudi Arabia’s SAMA orders 5-day advance notice for investment rounds by non-bank finance firms
Saudi Arabia orders financing and payment firms to notify SAMA five days before investment rounds, detailing purpose, value, investors and impact on ownership.