Book traversal links for 6.6 Product Development Function
6.6 Product Development Function
Effective from Nov 01 2023 - Oct 31 2023
To view other versions open the versions tab on the right
The product development function (business units) must ensure the following: | |
6.6.1 | They are familiar with products and services policies and procedures and all applicable rules and regulations issued by SAMA and all other relevant regulators. |
6.6.2 | They are competent and appropriately trained; and thoroughly understand the products and services’ features, characteristics, risks, and ensure that corrective actions are taken to mitigate identified risks related to products and services. |