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.

SAMA has also requested that it be informed of any instance where a Public Notary refuses to record a mortgage on a real estate.

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...

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.

As part of the Saudi Arabian Capital Market Authority's ("CMA") ongoing commitment to enhance investor protection and market transparency, on 21 October 2024...

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)...

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.

In the dynamic commercial landscape of Saudi Arabia, where time is a critical factor, the need for swift and decisive resolution of debts is paramount. The Saudi legal system has innovatively...

Under Circular No. 472038007 dated 02/07/1447H (corresponding to 22 December 2025), the Saudi Central Bank has prohibited banks, finance companies and money exchangers from obtaining promissory notes or similar instruments from retail customers at the point of credit card application.