ComplianceSource: SAMA
RegTech Framework Launch
Wednesday, November 20, 2024
Quick Summary
Automated compliance tools and real-time reporting standards introduced
⚖️
RegTech Framework Launch
Digital Document
About this Update
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
Document Info
StatusPublished
Published Date11/20/2024
SourceSAMA