Riyadh: The Saudi Central Bank (SAMA) invites stakeholders and the public to provide feedback on the Draft Rules for Engaging in Supply Chain Finance through the Saudi Competitiveness and Business Center's Public Consultation Platform 'Istitlaa'.

According to Saudi Press Agency, this initiative is part of SAMA's supervisory and regulatory role in the finance sector and its ongoing efforts to support the sector's stability and development. It also seeks to promote innovative financial services and enhance the efficiency of financial transactions conducted with merchants.

The draft rules are designed to establish the standards and procedures governing supply chain finance and supply chain finance intermediation activities, thereby supporting the growth of the sector in the Kingdom.

Comments and feedback on the draft rules may be submitted within 30 days of this announcement for consideration and finalization. To view the draft rules, interested parties can visit the Public Consultation Platform 'Istitlaa'.