In brief
Sets the Saudi Central Bank's objectives and powers in monetary policy and supervision of financial institutions, replacing the Saudi Arabian Monetary Agency Law of 1377H.
Summary of the law
Key points
- The central bank supervises banks, finance, insurance and payment companies; complaints about them go to it after complaining to the institution.
An advisory summary prepared by Al-Bayan Al-Wadih Law Firm. It is not an official text and does not replace the law, its implementing regulations, or advice from a specialised lawyer. The official published text and its amendments prevail.
What it covers
- Objectives
- Monetary policy
- Supervision
Timeline
- Issued: Royal Decree M/36 · 11/4/1442H
Full record of amendments and regulations at the official source
Official text at the Bureau of Experts
The authoritative text is in Arabic; the Bureau of Experts publishes English translations for some laws.
Full official text
The full official text is in Arabic and is reproduced on the Arabic version of this page, as published by the Bureau of Experts at the Council of Ministers. Read the full Arabic text
Library content is simplified general information for awareness only. It is not legal advice and does not replace the official text. Laws change: always check the official source and consult a lawyer before acting. Library data last reviewed: .