SAMA Seeks Public Consultation on “Updated Draft of Debt Collection Regulations and Procedures for Individual Customers”
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The Saudi Central Bank (SAMA) seeks public consultation on “Updated Draft of Debt Collection Regulations and Procedures for Individual Customers." In this context, SAMA invites stakeholders and the public for their suggestions and observations on the draft by visiting the Public Consultation Platform “Istitlaa."
The draft aims to improve and organize the mechanism for collecting customers' debt and facilitate communication with customers in this regard, thereby protecting the rights of the involved parties.
Suggestions and feedback on the draft regulations will be received within (15) days for assessing their relevance in finalizing the regulations. The draft is available on the Public Consultation Platform (link).
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