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Overview

At Riyad Bank, we believe that compliance is the responsibility of all employees, and this belief goes beyond a guiding principle and is reflected in the way we carry out our daily activities and responsibilities.

We are committed to complying with all applicable  laws and regulations in addition to the approved policies and procedures.
Riyad Bank strives to embed compliance into the core of its operations, ensuring that processes are conducted with due care to safeguard our customers, stakeholders and business activities.

The compliance framework is based on a set of policies and controls approved by the board, in addition to related procedures.

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Code of Ethics and Conduct Policy
Code of Ethics and Conduct Policy
Our commitment to working in accordance with our ethical values is an essential factor in maintaining our integrity and good reputation. The Code of Conduct and Ethical Values was developed at Riyad Bank to guide all employees on expected standards of behavior. This policy is prepared on the basis that all employees are responsible for managing the business in an ethical manner.
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Gifts, Benefits, and Entertainment Policy
Gifts, Benefits, and Entertainment Policy

The exchange of gifts and benefits between the bank and its stakeholders is normal in the course of business, but may appear improper even if there was no unethical intent. We are committed to doing business based on our ethical standards and the value we provide to our customers and stakeholders, not on gifts or offers we give or receive, thus our policy provides clear guidance on what the bank allows for its employees to accept or give in terms of gift, benefits, favors, entertainment…etc.

We value our reputation and consider it to be an integral part of our business. We do not compromise our reputation by engaging in, or appearing to engage in, bribery or any form of corruption.

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Insider Trading policy
Insider Trading Policy
Policy for accepting or providing gifts and benefits and prohibiting of bribery:
We are committed to conducting our business based on ethical standards and the value we provide to our customers and stakeholders. Our policies include clear guidelines on how to deal with gifts, benefits and entertainment.
We value our reputation and consider it an essential part of our business.
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Conflict of Interest Policy
Conflict of Interest Policy
At Riyad Bank, we have a professional commitment to act in the best interest of our customers and shareholders. This means we address actual or potential conflicts of interest through controls, disclosures, or other appropriate steps as needed
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AML / CTF Policy
AML / CTF Policy
Our Anti-Money Laundering Policy and related procedures are designed to comply with all applicable laws and regulations related to money laundering, terrorist financing, financial crime, and international sanctions. Click Here for more information.
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Data Privacy
Data Privacy
In Riyad Bank we adopted rigorous security protocols, checks and policies to ensure all customer data are kept confidential and secure. We adopt strict protocols and standards to our employees and technology, to maintain data privacy and security.
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Whistleblowing
Whistleblowing
This policy is in line with institutional values and the Bank’s code of conduct. The policy also aims to promote standards of professional and ethical conduct, organizational accountability and individual responsibility by encouraging stakeholders to report violations in a responsible and ethical manner. Click Here for more information.
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