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Updating the Prudential Returns Data Models

No: 41065187 Date(g): 7/7/2020 | Date(h): 17/11/1441 Status: In-Force

Translated Document

Referring to SAMA Circular No. 361000107381 dated 7/8/1436 H, regarding the provision of prudential data forms to SAMA at specified times according to the models, controls, and instructions set by SAMA.

we would like to inform you of the update on annual and quarterly prudential data models. Finance companies must comply with the following:

First: The finance company must complete all required data and follow the instructions provided in the prudential data models, ensuring that the validation rules are correctly applied before submission.

Second: Completed prudential data models should be submitted in Excel format via the Supervisory Data System (Returns Management System "RMS"). In case of any technical issues, they should be submitted via email to the designated prudential data.

SAMA emphasizes the importance of adhering to the aforementioned update and submitting the prudential data models at the specified times and in the prescribed manner.