Article 4 of the Finance Companies Control Law and Article 4 of its Implementation Regulations prohibit the carrying out of finance activities without a license from SAMA.

There was a buzz during the joint association conference in Riyadh, Saudi Arabia on the 19 February.

The Capital Market Authority (the "CMA") has launched a public consultation on proposed amendments to brokerage licensing requirements under the Capital Market Law.

The Capital Market Authority (CMA) has increasingly demonstrated its willingness to make use of advanced technology to supervise, monitor and take the necessary actions...

As we step into 2025, Saudi Arabia's capital markets are poised for continued significant growth. The Kingdom's ambitious Vision 2030 plan, aimed at diversifying the economy...

The Council of Ministers in the Kingdom of Saudi Arabia recently issued the facility of Green Card.

The financial landscape of Saudi Arabia is undergoing a significant transformation, propelled by an ambitious Vision 2030 that seeks to position the Kingdom as the leading financial hub. As the Kingdom diversifies...

Earlier this year, following a consultation period, the Capital Market Authority (CMA) issued the amended Market Conduct Regulations (MCR).

2024 has been a robust year of growth for KPMG, demonstrating that our Collective Strategy and our multi-billion-dollar investments...

Latest market insights and forward-looking perspectives for financial services leaders and professionals.

The transition to a net zero economy is a pressing global challenge that requires substantial capital support from the private sector.

The financial woes of a Saudi prince forced to list his palatial London residence for a staggering GBP250 million (USD302 million) seem far removed from the cost-of-living crisis gripping the UK.

In a recent Dubai judgment, the First Instance Court clarified a critical issue in real estate transactions governed by the Unified Sale Contract (Form F)...

In 2017, the Capital Market Authority in Saudi Arabia introduced a new class action regime for claims by shareholders of listed companies in the Kingdom. In this article, we look at the conclusion...

The DFSA has issued Consultation Paper 168 ("CP 168") proposing material enhancements to the DIFC crypto token framework. The headline change is a positive move away from the DFSA...

The pressure on financial institutions (FIs) and retailers to modernize payment systems and infrastructure is immense. The payments environment is evolving rapidly with a range of new payment alternatives.

Securing and collateralizing debts has been a significant legal issue in the Kingdom of SaudiArabia (KSA) for a long time. Covered by more prominent topics, due to the current COVID Crisis

The Saudi Central Bank (SAMA) is launching a new initiative – Open Banking – that promises to stimulate growth and innovation in the Kingdom's financial services industry.

On Monday 17 February 2025, the Financial Regulatory Authority ("FRA") issued Board Resolution No. 30 for the year 2025 (the "Decision")...

In late May, the Capital Market Authority (CMA) issued a routine resolution approving the public offering of a real estate fund.