Based on SAMA's supervisory and regulatory role over financial institutions under its supervision, and its commitment to applying the principles of fairness and transparency to enhance trust in the banking sector, enabling users of financial data and decision-makers, including shareholders, investors, lenders, and bank customers in general, to access the financial penalties imposed by SAMA on banks due to violations of the supervisory regulations, the following has been decided:

First: Banks must publish in their annual reports the banking violations that have been subjected to punitive decisions from SAMA under the section "SAMA Punitive Decisions". This should include violations from the current financial year and those from the previous financial year (excluding this year, publication is limited to the current year only). The publication must include the nature of the violation, the number of punitive decisions, and the total amount of fines in Saudi Riyals, according to the format provided in the table below:

Second: The subjects of violations shall be determined according to the accompanying guide for classifying subjects mentioned in these instructions only

According to the following subjects:

Violation of SAMA's Supervisory Instructions.

Violation of SAMA's Customer Protection Instructions.

Violation of SAMA's Due Diligence Instructions.

Violation of SAMA's Performance Level Instructions for ATMs and POS Devices.

Violation of SAMA's Due Diligence Instructions for Anti-Money Laundering and Counter-Terrorism Financing.

Please note that SAMA will publish the violations reported in the banks' annual reports on its website.