Law of Payments and Payment Services
Art. 17Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
SAMA may, in accordance with the regulations, exempt any person or persons
from certain license requirements to promote innovation and development in
the operation of payment systems and the provision of payment services in the
Kingdom, taking into account transparency and fairness, without prejudice to
the objectives of this Law.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded