Saudi Arabia New Rules

The new rules include a ban on the forex business without a licence from the kingdom s central bank the saudi arabian monetary authority sama.

Saudi arabia new rules. September 12 2020 12 21 ramadan al sherbini. Travelers should be aware of the following saudi arabia rules for women in order to avoid getting into trouble. Saudi arabia has set new rules to streamline the functioning of forex offices in the kingdom. Saudi arabia tightens anti money laundering curbs new rules set for forex offices including uncovering dubious and fraudulent dealings published.

The licence is valid for five years and should be renewed six months before its expiry influential arabic daily okaz reported on saturday. Saudi arabia has lifted some restrictions on women traveling in the ultraconservative muslim kingdom its tourism authority said with new guidelines allowing women to rent hotel rooms without a. The new rules include a ban on the forex business without a licence from the kingdom s central bank the saudi arabian monetary authority sama. These rules are part of the government efforts to fight money laundering and terror financing and protect customers rights.

The saudi monetary authority has issued new rules regulating the money exchange business in the kingdom to combat money laundering and funding of terrorism and to help protect the.