Book traversal links for Article 7: Management Requirements
Article 7: Management Requirements
Date(g): 1/3/2020 | Date(h): 7/7/1441 | Status: In-Force |
All candidates for supervisory and executive positions in a finance support company must: | ||
a) | meet the professional legal competence requirements set by SAMA; | |
b) | be permanent residents in Saudi Arabia; | |
c) | be professionally qualified, and have appropriate experience in the same field; | |
d) | not have violated any of the provisions or regulations of the Capital Market Law, the Banking Control Law, the Cooperative Insurance Companies Control Law or Finance Laws; and | |
e) | not have been previously convicted of an offense impinging upon integrity, unless rehabilitated in accordance with the laws or the Implementing Regulations of the Finance Companies Control Law. |