Referring to the importance of the compliance function in finance companies and the responsibilities associated with ensuring adherence to relevant regulations and instructions, and based on Article 2 of the Implementing Regulations of the Finance Companies Control Law, which states: "SAMA shall organize the Finance Sector and supervise the business of the Finance Companies in accordance with the Law and  the Regulations, including: 5. Taking all suitable means for the development of the Finance sector, Saudization, and enhancement of its employees’ efficiency through regulating the obligations of the Finance Companies in training of human resources, improving their skills and enriching the employees’ knowledge in Finance Industry."

Therefore, compliance managers in finance companies are required to obtain the "Compliance Certification for Finance Sector" within one year from the date of this circular or upon the finance company's submission of a no-objection request for appointment to this position. The finance company must provide SAMA with this certification upon receipt. Training materials related to this certification can be accessed through the Financial Academy's website.