Wadira: Find your way through Saudi data & privacy law.

Home › Frameworks › Financial services › Counter-Fraud Fundamental Requirements (finance and payment companies)

Counter-Fraud Fundamental Requirements (finance and payment companies)

SAMA fraud requirements for finance and payment companies

Type	Rule
Issuing authority	Saudi Central Bank (SAMA)
Framework	Financial services
Tier	Rules, controls & standards
Legal status	In force
Instrument number	106897184 · Saudi Central Bank (SAMA)
Issued	2025-04-14
Dates	Ref. 106897184, 14 April 2025; full compliance by 13 April 2026 (reported)
Last verified	2026-10-20

The Counter-Fraud Fundamental Requirements extend SAMA's fraud controls to finance and payment companies. Details are from secondary sources.

• Reported reference 106897184, dated 14 April 2025.
• Full compliance was reportedly due by 13 April 2026.
• Banks follow the Counter-Fraud Framework (2022).

In this framework

• The Capital Market Law
• Saudi Central Bank Law
• Law of Payments and Payment Services and its Implementing Regulation
• Credit Information Law
• Banking Control Law
• Implementing Regulations of the Credit Information Law
• Payment Services Provider Regulations (2020)
• Capital Market Institutions Regulations
• SAMA Rules on Outsourcing (No. 41027017)
• Financial Consumer Protection Principles and Rules
• Cyber Resilience Fundamental Requirements (CRFR)
• Adherence to the PDPL and Data Governance Policies, Regulations and Rules (SAMA No. 43045328)
• SAMA Cyber Security Framework (CSF)
• Business Continuity Management Framework
• Counter-Fraud Framework (banks)
• Enhancement of Operational Resilience to Address Quantum Computing Risks
• Oversight Framework for Payment Systems and Their Operators
• Open Banking Framework
• IT Governance Framework
• Cyber Threat Intelligence Principles
• Ethical Red Teaming Framework
• CMA Cybersecurity Guidelines for Capital Market Institutions
• Payment Services Provider Regulatory Guidelines

---

Content and register data licensed CC BY 4.0. Cite the live URL. Machine-readable register (JSON) · Markdown register · Content last verified: 2026-10-21