Effective from 2021-06-30 - Oct 09 2020 To view other versions open the versions tab on the right
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.
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.
