Alqanoni

Banking Control Law

Art. 21
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

The Minister of Finance and National Economy may, in exceptional circumstances and upon the approval of the Council of Ministers, exempt any bank from some of this Law’s provisions or the rules and resolutions issued for its implementation for a limited period; exemption conditions shall be determined on a case by case basis.

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

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