Kingdom of Saudi Arabia – Saudi Central Bank (SAMA)

Kingdom of Saudi Arabia – Saudi Arabian Monetary Authority – Code of Conduct and Work Ethics in Financial Institutions – August 2019 Covering:

I. Introduction

A. Purpose

B. Scope and Application

II. Definitions

III. Code of Conduct and Work Ethics

A. Compliance with Professional Conduct and Public Decency Laws

B. Interaction with Stakeholders

C. Combating Financial and Administrative Corruption

1. 1. Combating Money Laundering and Terrorist Financing Crimes and Suspicious Transactions
   2. Dealing with Bribery and Corruption

D. Gifts and Hospitality

E. Compliance with Laws, Regulations, Instructions and Policies

F. Dealing with Conflicts of Interest

G. Confidentiality and Disclosure Mechanisms

H. Use and Leakage of Insider Information for Market Manipulation

I. Whistleblowing

J. Remuneration and Compensation

IV. Consequences of Non-Compliance with the Code of Conduct and Work Ethics