Circular No. (42008969) for the year 1442 AH

Type:	Circular
Date:	1442-02-18
Document Number:	42008969
Source:	The Saudi Central Bank
Summary:	By AI Yazid bin Ahmed Al-Sheikh, the Director General of Bank Supervision, issued a circular to revoke the license of Mahanah Dubous Al-Anzi Exchange, based on the applicable laws. The decision, issued by the Governor of the Saudi Arabian Monetary Authority, stipulates that no transactions shall be conducted with the institution except for the purpose of liquidating its operations, and that the liquidation period shall not exceed three months. Relevant authorities are required to take the necessary ac...

Type:

Circular

Date:

1442-02-18

Document Number:

42008969

Source:

The Saudi Central Bank

Summary:

By AI

Yazid bin Ahmed Al-Sheikh, the Director General of Bank Supervision, issued a circular to revoke the license of Mahanah Dubous Al-Anzi Exchange, based on the applicable laws. The decision, issued by the Governor of the Saudi Arabian Monetary Authority, stipulates that no transactions shall be conducted with the institution except for the purpose of liquidating its operations, and that the liquidation period shall not exceed three months. Relevant authorities are required to take the necessary ac...