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.
- Cooperation Agreement between Saudi Central Bank and the Monetary Authority of Singapore in the field of Fintech and Innovation.
- Memorandum of Understanding between Saudi Central Bank and Qatar Central Bank regarding joint cooperation in the field of Central bank work.
- Memorandum of Understanding between Saudi Central Bank and Hong Kong Monetary Authority in the Hong Kong special administrative region of the People’s Republic of China regrading cooperation in the field of financial innovation.