Effective from Mar 01 2020 - Feb 29 2020 To view other versions open the versions tab on the right
1-
The finance support company shall establish internal controls and procedures to ensure compliance with these Rules and all relevant laws, regulations and instructions.
2-
The finance support company shall keep sufficient records to confirm compliance with these Rules and other relevant laws, regulations and instructions, and take the necessary measures to prevent violations thereof.
3-
The finance support company shall not disclose information to third parties without the approval of SAMA.
4-
The finance support company shall obtain SAMA’s non-objection before acquiring assets other than those necessary to manage its business.
5-
The finance support company shall obtain SAMA’s non-objection before partial or full liquidation of the company or its activity.
