Article 7: Management Requirements

All candidates for supervisory and executive positions in a finance support company must: (a) meet the professional legal competence requirements set by the bank; (b) be permanent residents in Saudi Arabia; (c) be professionally qualified, and have appropriate experience in the same field; (d) not have violated any of the provisions or regulations of the Capital Market Law , the Banking Control Law , the Cooperative Insurance Companies Control Law or Finance Laws; and (e) not have been previously convicted of an offense impinging upon integrity, unless rehabilitated in accordance with the laws or the Implementing Regulation of the Finance Companies Control Law .