Saudi Arabia: Adopted CMA FinTech Lab for testing Fintech Business Models
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank