Updating the Websites of financing Companies and Verifying their Accounts on Social Media
| No: 42011690 | Date(g): 14/10/2020 | Date(h): 27/2/1442 | Status: In-Force |
Translated Document
Referring to SAMA's supervisory and regulatory role over financing companies according to relevant regulations, and to SAMA's efforts to protect customers and provide all services and products with high quality and ease.
Therefore, SAMA would like to inform financing companies that they must:
| First: | Continuously update the financing company's website. |
| Second: | Verify the company's accounts on social media platforms or deactivate them. |
| Third: | Ensure that the geographical location of the company's headquarters and branches is added and updated on electronic map platforms such as "Google Maps," including specifying working hours. |
SAMA emphasizes the adherence to the above within one month from the date of this notice and requires that SAMA's communication officer be provided with the measures taken regarding this within two weeks from the date of this notice