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4. Definitions

Effective from 2022-04-25 - Sep 30 2022
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The following terms and phrases, where used in these Rules, should have the corresponding meanings, unless the context implies otherwise: 
 
■Rules
 		Banks Investment Rules.
 
■Local Investment
 		Any investment in both trading and banking book that takes place in the Kingdom of Saudi Arabia regardless of the currency and the residency of the issuer.
 
■International Investment
 		Any investment in both trading and banking book that takes place outside the Kingdom of Saudi Arabia regardless of the currency and the residency of the issuer.