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Article 29
Date(g): 13/6/2023 | Date(h): 25/11/1444 | Status: In-Force |
Effective from Jun 13 2023 - Jun 12 2023
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The licensee shall have a sufficient and qualified number of employees with the appropriate knowledge and experience to meet its operational needs, and employee rewards and incentives shall be appropriate and consistent with its risk management strategy, taking into account the principles of sound governance, non-conflicts of interest and consumer protection principles. The licensee shall also comply with the rules, regulations and decisions in force in the Kingdom in relation to the percentage of non-Saudi employees.