SAMA issues principles of conduct and business ethics in financial institutions

8/7/2019 12:00 AM

                The Saudi Arabian Monetary Authority "SAMA" issued principles of conduct and business ethics in financial institutions operating in the Kingdom.

                SAMA declared in a statement: These principles aim to enhance job discipline, integrity, transparency, objectivity, efficiency, loyalty, and effectiveness in the behavior of the employees of the financial institution during the performance of their duties and job duties.

                The issuance of these principles by SAMA comes as part of its efforts to protect the reputation of financial institutions and ensure that their employees comply with the principles of prudent behavior, in addition to achieving the concept of good governance and enhancing job performance and professional behavior. Note that the principles of conduct and work ethics in financial institutions can be found on the following link:

 www.sama.gov.sa/ar-sa/Laws/Pages/BankingRulesAndRegulations.aspx

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