Banks Investment Rules

Banks should review the approved limits (no change/increase/decrease) to be in -line with the bank’s risk tolerance and market position at a minimum every three years. 9. Implementation and Effective Date 9.1 These Rules shall come into force starting from 1 October 2022. All Banks should develop/update their current Investment Policy, procedures and Strategy to be in -line with the requirements prescribed in these Rules. 9.2 Any violation or circumvention of these Rules may warrant the appropriate regulatory action by SAMA.