Rules Governing Bancassurance Activities

Release Date:	1441-09-14
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	188/441
Validity:	Valid
Date of last amendment:	1442-04-11
Summary:	By AI The Saudi Arabian Monetary Authority issued the Rules for Regulating Banking Insurance Activities by virtue of the Governor's Decision No. (188/441) dated 14/09/1441 AH, based on its powers under the Cooperative Insurance Companies Control Law and the Banking Control Law. The rules include basic definitions and define the scope of application for all banking insurance activities, aiming to regulate practices and relationships between companies and banks. The rules require banking insurance to b...

Release Date:

1441-09-14

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

188/441

Validity:

Valid

Date of last amendment:

1442-04-11

Summary:

By AI

The Saudi Arabian Monetary Authority issued the Rules for Regulating Banking Insurance Activities by virtue of the Governor's Decision No. (188/441) dated 14/09/1441 AH, based on its powers under the Cooperative Insurance Companies Control Law and the Banking Control Law. The rules include basic definitions and define the scope of application for all banking insurance activities, aiming to regulate practices and relationships between companies and banks. The rules require banking insurance to b...