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Asharq Al-Awsat

Business

Riyadh - Asharq Al-Awsat

Saudi Central Bank Facilitates Entry of Fintech Companies into Kingdom’s Market

Saudi Central Bank SAMA Kingdom fintech

Saudi Central Bank seeks to prepare the infrastructure for technical financial institutions to lead the region in this sector (Asharq Al-Awsat)

The Saudi Central Bank (SAMA) on Wednesday announced that it has updated the Framework of its Regulatory Sandbox.

The move is part of its efforts to achieve several national strategic goals by promoting the regulatory sandbox's involvement in the Financial Sector Development Program (FSDP), a key objective of the Saudi Vision 2030.

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