Principle 10: Department Policies and Work Procedures
No: 46020559
Date(g): 1/10/2024 | Date(h): 28/3/1446
Status: In-Force
1.
The Department Director shall develop policies and procedures for the Department’s work that include the mechanism for performing the tasks entrusted to it as well as the objective, scope, timeline, and resources required for each task separately. The Company's strategic objectives and the risks associated with implementing each task must be taken into account. Moreover, these policies and procedures must be updated periodically as needed.
2.
Taking into consideration the instructions issued by SAMA and other regulatory bodies regarding information sharing, the Department shall keep and periodically update the documents related to its completed tasks.
