Saudi Central Bank Updates Supply Chain Rules

The Saudi Central Bank "SAMA" has proposed a draft regulation for supply chain financing aimed at establishing clear standards and procedures for this activity and regulating its role in the Saudi market. The initiative seeks to promote the growth of the supply chain financing sector, support the stability of the financial industry, and encourage innovation in financial services related to this field. The bank has set a 30-day period for interested parties and specialists to submit their feedback via the "Survey" platform. These comments will be incorporated into the final version of the regulatory framework, contributing to the development of the financing market and fostering a more efficient and flexible environment.

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