Live Updates

With 40 Participants, SAMA Receives a Delegation from the Hong Kong Academy of Finance

With 40 Participants, SAMA Receives a Delegation from the Hong Kong Academy of Finance

Why this matters

This news article discusses a delegation visit from the Hong Kong Academy of Finance to the Saudi Arabian Monetary Authority (SAMA), which is the central bank of Saudi Arabia.

BankWealth Manager
🇸🇦 SAMA News Urgency: medium

SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity

SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity

Why this matters

This regulatory update announces that SAMA has licensed the 'Tabby finance' company to engage in Buy-Now-Pay-Later (BNPL) activities, which falls under the Payments & E-Money and Consumer Credit sectors.

FintechPayment Provider
🇸🇦 SAMA News Urgency: high

SAMA Revokes the License of “Fas Finance Company”

SAMA Revokes the License of “Fas Finance Company”

Why this matters

This regulatory update from SAMA (Saudi Arabian Monetary Authority) regarding the revocation of the license of Fas Finance Company is relevant to banking and payments firms, particularly those operating in the Saudi Arabian market.

BankFintech
🇸🇦 SAMA News Urgency: medium

SAMA Licenses “Madd Balas” Company to Provide Debt-Based Crowdfunding Solutions

SAMA Licenses “Madd Balas” Company to Provide Debt-Based Crowdfunding Solutions

Why this matters

This regulatory update from SAMA licenses a company called 'Madd Balas' to provide debt-based crowdfunding solutions, which is relevant to the banking, investment management, and wealth management sectors. The topics covered include authorization and licensing, consumer protection, and prudential requirements.

BankFintech
🇸🇦 SAMA News Urgency: medium

SAMA Issues Fees Guide for Financial Institutions’ Services

SAMA Issues Fees Guide for Financial Institutions’ Services

Why this matters

This regulatory update from SAMA (Saudi Arabian Monetary Authority) relates to the issuance of a fees guide for financial institutions' services, which impacts banking and payments sectors.

BankPayment Provider