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9. Implementation and Effective Date

Effective from 2022-04-25 - Sep 30 2022
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9.1These Rules shall come into force starting from 1 October 2022. All Banks should develop/update their current Investment Policy, procedures and Strategy to be in -line with the requirements prescribed in these Rules.
 
9.2Any violation or circumvention of these Rules may warrant the appropriate regulatory action by SAMA.