The Council of Ministers,
after perusal of Royal Court File 9840 dated 11 Safar 1445 [27 August 2023], which includes the President of the General Court of Audit, Chairman of the Board of Directors of the Saudi Institute of Internal Auditors, Telegram 6542 dated 4 Safar 1445 [20 August 2023], regarding his request to approve the transfer of the mandate to issue licenses for the internal audit profession from the Ministry of Commerce to the Saudi Institute of Internal Auditors,
after perusal of the Law of the Ministry of Commerce issued by Council of Ministers Decision 66 dated 6 Rabi Al-Thani 1374 [2 December 1954],
after perusal of the System of the Saudi Institute of Internal Auditors issued by Council of Ministers Decision 84 dated 25 Rabi Al-Awwal 1432 [28 February 2011],
after perusal of Royal Order 17103 dated 26 Rabi Al-Awwal 1442 [12 November 2020],
after perusal of the Bureau of Experts at the Council of Ministers Memorandum 2147 dated 14 Jumada Al-Thani 1445 [27 December 2023], Memorandum 334 dated 22 Muharram 1446 [28 July 2024], Memorandum 919 dated 13 Rabi Al-Awwal 1446 [16 September 2024], and Memorandum 3106 dated 12 Ramadan 1446 [12 March 2025],
after perusal of Council of Economic and Development Affairs Recommendation 6-5/46/R dated 21 Rabi Al-Thani 1446 [24 October 2024],
and after perusal of the General Committee of the Council of Ministers Recommendation 9601 dated 26 Ramadan 1446 [26 March 2025],
hereby decides
First
The name of the “Saudi Institute of Internal Auditors” is hereby amended to become the “Saudi Authority of Internal Auditors”, and the name is hereby amended wherever it occurs in the system of the institute—issued by Council of Ministers Decision 84 dated 25 Rabi Al-Awwal 1432 [28 February 2011]—in line with that.
Second
The authority to issue licenses for the internal audit profession is hereby transferred from the Ministry of Commerce to the “Saudi Authority of Internal Auditors” in respect of which clause First of this decision is taken, and the Minister of Commerce and the President of the General Court of Audit, Chairman of the Board of Directors of the Saudi Authority of Internal Auditors, shall agree on all the necessary procedures to enforce this, and the authority shall set the necessary executive procedures in this regard.
Third
The provisions of clause Second of this decision do not prejudice the validity of the licenses issued to those practising the internal audit profession before the entry into force of the provisions of the clause above.
The Prime Minister
Issued on: 1 Dhu Al-Qa’dah 1446
Corresponding to: 29 April 2025
Published in Umm Al-Qura 5085 issued on 9 May 2025.