The financial sector in Saudi Arabia is undergoing rapid growth as a result of Vision 2030. Banks are growing, fintech companies are growing, but with growth comes a need for compliance with SAMA regulations. If you are providing a digital wallet, loan service, or banking platform, SAMA compliance is critical.
Staying compliant safeguards your company, prevents penalties, and fosters customer confidence. This blog post will cover the function of SAMA, the licensing procedures, common compliance issues, and recommended approaches. We’ll also demonstrate how firms like Qualysec assist with your ongoing security and compliance needs.
