Based on Article Thirty-One of the rules governing the practice of money exchange issued by Ministerial Decision No. 4686 dated 21/11/1441 AH, which states that the center must provide SAMA with any data or reports requested within the specified time, and Paragraph (B) of Article Fourteen of the same regulations, which grants SAMA the authority to issue any instructions deemed necessary for implementing supervisory and regulatory requirements on exchange center operations:

Therefore, we inform you of the update to the Financial Statements Comparison Template. The template must be provided to SAMA periodically via email starting from the fourth quarter of 2020, as follows:
 

1. Provide SAMA with the quarterly financial statement comparison template within 35 days of the end of the quarter.
2. Provide SAMA with the annual financial statement comparison template within 65 days of the end of the year.

The template will be sent to you via email. SAMA emphasizes the need to adhere to the above update, and any non-compliance will result in SAMA taking all necessary regulatory actions against the non-compliant exchange centers.

 * The template has been updated in accordance with Circular No. (44006369), dated 25/01/1444 AH, corresponding to 22/08/2022 AD.

 ** Please review Circular No. (44006369) dated 25/01/1444 H, corresponding to 22/08/2022, regarding the update of supervisory data templates for exchange centers and their submission through the (RMS) system.