Supplementary Circular on Providing SAMA with Quarterly Risk Report Audited Annual Financial Statements and Quarterly Financial Statements of Finance Companies
| No: 108909000099 | Date(g): 1/3/2020 | Date(h): 7/7/1441 |
Translated Document
Referring to Circular No. 371000052766 dated 07/05/1437 H regarding providing SAMA with quarterly risk reports and audited annual and quarterly financial statements of finance companies.
We would like to inform you about the amendment to Paragraph Five of the above-mentioned circular, to be read as follows "The Quarterly report on risk management and the audited annual financial statements, along with the prudential data forms, must be sent electronically to the email address with a digitally signed copy on behalf of the company."
SAMA emphasizes the need to adhere to the amendment mentioned above, and to adopt electronic correspondence directly via email, and to stop providing SAMA with paper copies of the aforementioned reports.