The Regulations page provides essential guidelines and frameworks issued by the Financial Regulatory Authority (FRA).
Here, you’ll find the rules governing non-banking financial activities, designed to ensure compliance, promote innovation, and maintain the integrity of the financial sector.
Decrees and Laws
Law No. 5 of 2022 Issuing the Law for Regulating and Developing the Use of Financial Technology in Nonbank Financial Activities.
BoD Decree No. 58 of 2022 Regarding the Conditions and Procedures Required for the Establishment, Licensing, and Approval of Companies and Entities Wishing to Engage in Nonbank Financial Activities through Financial Technology.
BoD Decree No. 139 of 2023 Regarding Technological Infrastructure, Information Systems, and Security and Protection Measures.
BoD Decree No. 140 of 2023 Regarding Digital Identity, Digital Contracts, Digital Register, and the Use of Financial Technology in Nonbank Financial Activities.
BoD Decree No. 141 of 2023 Regarding the Outsourcing Register in the Field of Financial Technology for Nonbank Financial Activities.
BoD Decree No. 268 of 2023 regarding the rules and procedures for the establishment and licensing of FinTech startups to engage in Nonbank financial activities.
BoD Decree No. 57 of 2024 Regarding the Rules Governing the Operation of the Robo-Advisor for Investment Program.
BoD Decree No. 163 of 2024 Regarding the Establishment and Operation of the Regulatory Sandbox by the Financial Regulatory Authority.
BoD Decree No. 30 Y 2025 Amending BoD Decree No. 186 of 2024 Regarding the Requirement to Verify the Validity of Customers' Cell Phone Number Ownership".
BoD Decree No. 68 Y 2025 Regarding the amendment of BoD Decree No. 140 and 141 of 2023 regarding: Digital Identity, Digital Contracts, Digital Register and Outsourcing Register in the Field of Financial Technology in Nonbank Financial Activities.