Alqanoni

Article 132

Art. 132
Status unknownSaudi ArabiaRegulation

Issued by Saudi Central Bank (SAMA) Rulebook

(1) A Payment Service Provider licensed under the Payment Service Provider Regulations shall be deemed to be licensed under and subject to the Implementing Regulation from its effective date. (2) A Payment Service Provider or Payment System Operator must provide a plan for undertaking corrective procedures to comply with the provisions of the Law and the Implementing Regulation within a maximum of six months from the effective date on which the Implementing Regulation come into effect.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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