Guide to Financial Services Regulations & Guidelines in Saudi Arabia

Saudi Arabian Monetary Agency (SAMA) is the central bank of the Kingdom of Saudi Arabia. It is responsible for issuing currencies, supervising commercial banks, managing foreign exchange reserves, and ensuring price and exchange rate stability, so as to promote the development and stability of the Saudi Arabian financial system.

To standardize the use of the information technology in the financial industry, Saudi Arabian Monetary Agency (SAMA) has established regulatory requirements on how Saudi Arabian financial institutions manage their cybersecurity and information technology risks.

• In May 2017, SAMA issued Cyber Security Framework. The Framework enables financial institutions regulated by SAMA to effectively identify and respond to cyber security risks, and provides guidance for financial institutions on how to maintain the security of information assets and online services.

Huawei Cloud User Guide to Financial Services Regulations & Guidelines in Saudi Arabian describes how Huawei Cloud will help you meet the regulatory requirements for the financial industry.