Referring to the importance of the compliance function in financing 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 regulate the finance sector and supervise the activities of financing companies in accordance with the Law and regulations, including: 5. Adopting appropriate means to develop the finance sector, work towards localizing its jobs, and enhancing the competence of its employees through organizing the obligations of financing companies regarding human resources training, skills development, and knowledge enhancement."

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