We, the undersigned, acknowledge that the aforementioned product or service has been fully reviewed and does not violate any laws, instructions or professional practices. We also acknowledge that submitting this application (notification or non-objection) to SAMA does not burden it with any responsibility whatsoever and does not indicate that SAMA guarantees the product or service soundness. In addition, we acknowledge that we bear all the risks that may result from launching the product or service. Furthermore, we confirm that failure to comply with this acknowledgment entitles the authorities to take all measures, including inflicting penalties, holding violators accountable, withdrawing the product or service from the market, committing to correcting any adverse results, and compensating customers for any losses that may occur due to default or negligence on the bank's part.
Product or Service Developer
Head of Customer Care
Head of Legal Affairs
Head of Data Privacy
Head of Financial Fraud
Head of Business Continuity
Head of Information Security
Head of Information Technology
Chief Risk Officer
Head of Anti-Money Laundering and Counter-Terrorist Financing
