Article 21: Human Resources
Effective from 2020-08-25 - Aug 24 2020
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| a. | The Money Changer must comply with SAMA's instructions relating to the employees of the money changing sector as follows: | |
| 1. | Complying with the requirements of job Saudization and the requirements of contracting with employment service companies according to the instructions issued by SAMA. | |
| 2. | Adhering to SAMA’s instructions regarding working hours, leaves and official holidays. | |
| 3. | Complying with SAMA's instructions regarding the requirements for appointment to senior positions. | |
| b. | The Money Changer shall provide an administrative structure including all departments and functions and specifying tasks of the departments as well as duties and responsibilities of each individual. In addition, a qualified compliance officer shall be appointed. | |