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SAMA Regulatory Rulebook is still on its development and soft launch stage. SAMA is not liable for its contents and does not warrant or represent that (the Services related to the platform, information or material presented in the platform) is displayed free of any inaccuracies, omissions, or errors (“Faults”). SAMA accepts no liability for any loss, claim or damage resulting from any use of the platform, and any decisions made, or actions taken based on the information contained in or generated by the platform.
SAMA Regulatory Rulebook has no legal effect and it does not aim to amend or revoke any legal provisions. The Rulebook still Contains some documents under review, including translated versions. Therefore, SAMA Regulatory content circulated through SAMA official channels remains in force.
Without prejudice to the terms of use of SAMA website Hereby, you acknowledge that any illegal, unauthorized use and/or any breach of any of these provisions may result in legal actions against you.
The company shall provide SAMA with the following:
a.
quarterly financial statements within a month from the end of the quarter, and the final audited statements within two months from the end of the fiscal year; and
b.
a report assessing the efficiency and effectiveness of computer systems used by the company, including the systems for collecting and keeping data. The report shall be provided annually and approved by a certified advisory office.
2.
SAMA may request any other data or information as required.
