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ID: cmkd3hdig000467lyu0283mv9ComplianceACTIVE

RegTech Framework Launch

11/20/2024
SRC: SAMA
RegTech Framework Launch

EXECUTIVE_SUMMARY

Automated compliance tools and real-time reporting standards introduced

New regulatory technology framework designed to enhance compliance efficiency across financial sector

The new RegTech framework enables financial institutions to leverage technology for more efficient regulatory compliance.

Framework Components

  • Automated transaction monitoring
  • Real-time suspicious activity reporting
  • Standardized compliance APIs
  • Machine learning for risk assessment

FILE_PROPERTIES

Published
11/20/2024
Source
SAMA
Status
PUBLISHED