SAMA Finance Laws

This document is part of the source library for NRGI's 2017 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

Data and Resources

SAMA Finance LawsPDF
- Preview
- Download

Additional Info

Field	Value
Sector	Oil and Gas
Country	Saudi Arabia
Year	2012
RGI Edition Year	2017
Topic	Legislation and regulation, Mandatory payment disclosure, Open data, Revenue management, Sovereign wealth funds
Document Type	Web Page
RGI Sub-component	Sovereign wealth funds
RGI Questions	1.2.3a: Is the government required to publicly disclose data on payments from extractive companies to the government?, 2.3.1a: Are there numeric rules governing the size of withdrawals from the sovereign wealth fund?, 2.3.1b: Do rules require that withdrawals and spending from the sovereign wealth fund pass through the national budget?, 2.3.1c: Are there numeric rules governing the size of deposits into the sovereign wealth fund?, 2.3.3a: Is the sovereign wealth fund prohibited from investing in domestic assets without budgetary approval?, 2.3.3b: Is the sovereign wealth fund prohibited from investing in certain asset classes or investment types?, 2.3.4e: From 2015 onwards, has the sovereign wealth fund adhered to rules limiting asset class or investment types?, 2.3.5a: Is the sovereign wealth fund required to produce annual financial reports?, 2.3.5b: Is the sovereign wealth fund required to publicly disclose these annual financial reports?, 2.3.5d: Is the legislature required to review the sovereign wealth fund's annual financial reports?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law and Practice (Both)
Publisher	Saudi Arabian Monetary Agency
Author
Source or API link	http://www.sama.gov.sa/en-US/Laws/Pages/FinanceLaws.aspx
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute