Final Settlement Clearing Statute and Related Collateral Arrangements

Release Date:	1446-08-18
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	46/1
Validity:	Valid
Summary:	By AI A decision was issued by the Governor of the Saudi Central Bank No. (46/1) dated 18/08/1446 AH, which approves the Regulation for Final Settlement and the related Guarantee Arrangements, based on the powers of the Central Bank Law and the Bankruptcy Law. The regulation includes a list of eligible financial contracts and applies to settlement agreements and financial arrangements related to contracts concluded by parties subject to the supervision of the Central Bank. The regulation includes defi...

Release Date:

1446-08-18

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

46/1

Validity:

Valid

Summary:

By AI

A decision was issued by the Governor of the Saudi Central Bank No. (46/1) dated 18/08/1446 AH, which approves the Regulation for Final Settlement and the related Guarantee Arrangements, based on the powers of the Central Bank Law and the Bankruptcy Law. The regulation includes a list of eligible financial contracts and applies to settlement agreements and financial arrangements related to contracts concluded by parties subject to the supervision of the Central Bank. The regulation includes defi...