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Article 41

No: MSHT/82 Date(g): 10/12/2019 | Date(h): 13/4/1441

Effective from 2019-12-10 - Dec 09 2019
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The head of compliance must submit a compliance report to the audit committee semi-annually and then to the board for review. The compliance report must identify the main compliance-related risks facing the Consumer Microfinance Company, analyze existing processes and procedures and assess their viability, and suggest any amendments or changes.