SAMA attaches importance
to having memorandums of understanding (MOUs) with other central banks and supervisory authorities, which contributes in enhancing its efficiency. Thus,
SAMA has already signed MOUs, namely:
- Memorandum of
understanding between Kingdom of Saudi Aarbia and United Arab Emirates in the area
of financial market services.
- Memorandum of
understanding between Saudi Central Bank, Korean Financial
Services Commission, and Financial Supervisory Service on mutual collaboration in the area of financial
instituions supervison.
- Memorandum of
understanding between Saudi Central Bank and Dubai Financial
Services Authority in the area of financial services.