Saudi Arabia: CMA FinTech Lab for testing fintech business models
Progress
Current status
adopted
01 Apr 2018 adopted
Scope
Implementers
Saudi Arabia
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Adopted CMA FinTech Lab for testing Fintech Business Models
In April 2018, the Capital Markets Authority launched a FinTech Lab. It is a tool that was developed as part of Vision 2030. Vision 2030 is an all-encompassing blueprint that covers many development goals for Saudi Arabia. Vision 2030 includes a fin…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
central bank