Article 67
| No: 441/186 |
In the case of non-compliance by the Appointed Actuary with the requirements set forth in the Law and its Implementing Regulation, these Rules, or the Actuarial Association’s professional code of conduct and technical standards of practice, the Company shall inform its Board of Directors and SAMA in this regard within 24 hours of becoming aware of the non-compliance, and provide SAMA with the details of actions taken within (10) working days from the date of discovering the violation.