Book traversal links for Article 16: Auditor
Article 16: Auditor
Effective from Jan 31 2025 - Jan 16 2024
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- The BNPL company shall appoint one or more certified external auditors, with the condition of obtaining a non-objection letter from SAMA. However, SAMA may appoint another auditor at the company’s expense where the size and nature of its business require so.
- SAMA may require external auditors to explain their report or disclose other facts of which they obtain knowledge during the audit process that could indicate a violation of the applicable laws, regulations or instructions or a violation of the BNPLby-laws.