Your access and use of SAMA Regulatory Rulebook and its content is considered as an acceptance and approval of commitment by you without any limitation or condition to the following:
SAMA Regulatory Rulebook is a platform that aims to assist the regulated entities to access SAMA regulatory content adeptly and efficiently.
SAMA Regulatory Rulebook is still on its development and soft launch stage. SAMA is not liable for its contents and does not warrant or represent that (the Services related to the platform, information or material presented in the platform) is displayed free of any inaccuracies, omissions, or errors (“Faults”). SAMA accepts no liability for any loss, claim or damage resulting from any use of the platform, and any decisions made, or actions taken based on the information contained in or generated by the platform.
SAMA Regulatory Rulebook has no legal effect and it does not aim to amend or revoke any legal provisions. The Rulebook still Contains some documents under review, including translated versions. Therefore, SAMA Regulatory content circulated through SAMA official channels remains in force.
Without prejudice to the terms of use of SAMA website Hereby, you acknowledge that any illegal, unauthorized use and/or any breach of any of these provisions may result in legal actions against you.
Effective from Jun 13 2023 - Jun 12 2023 To view other versions open the versions tab on the right
(1)
A Licensee must keep a register in respect of each of its Controllers and update it within forty days of becoming aware of any changes. Accordingly, Controllers shall provide the Licensee with all necessary information to be included in the register, which includes (as a minimum) the following particulars:
(a)
Full name;
(b)
Current residential address;
(c)
Date and place of birth;
(d)
Nationality; and
(e)
Copy of current government identity document.
(2)
A Licensee shall send to SAMA an annual report identifying its Controllers in the mechanism and format set by SAMA.
(3)
A Licensee shall notify SAMA as soon as possible after it becomes aware of any significant changes in the conduct or circumstances of existing Controllers that may impact the fitness and propriety of a Controller or the ability of the Licensee to conduct its business properly.
