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Clyde & Co
E-commerce retailers and online marketplaces selling goods to consumers in the Kingdom of Saudi Arabia should note that Executive Regulations to the Saudi E-Commerce Law 2019 have now been published.
Pryor Cashman LLP
The Saudi Arabian Monetary Authority (SAMA) has taken the position that Bitcoin is now illegal in Saudi Arabia. SAMA published a warning drafted by its Standing Committee
Al Tamimi & Company
The technology revolution continues to rapidly gather pace on a global scale. Terms such as "FinTech", "blockchain" and "cryptocurrencies" are becoming every day terms.
Al Tamimi & Company
The last two decades have witnessed phenomenal advancements in information technology (IT), which have fostered a remarkable level of innovation in products and services offered across numerous industries.
Clyde & Co
Technology and innovation underpins large parts of Saudi Arabia's National Transformation Program. As it seeks to improve economic competitiveness and enhance efficiency, Vision 2030 ...
Dentons
In early 2018 (following a public consultation process held during 2016), the Saudi Communications and Information Technology Commission (CITC) issued the Cloud Computing Regulatory Framework (CCRF).
Al Tamimi & Company
June 2017 witnessed the introduction by the Central Bank of Bahrain ("CBB") of a regulatory sandbox aimed at enabling firms to test and develop their products in a virtual space.
Al Tamimi & Company
The world's repertoire for money management is undergoing a period of radical overhaul with the recent advancements in financial technology.
Proskauer Rose LLP
Proskauer litigation associate Courtney Bowman and Jonathan Reardon, head of the Al Khobar, Saudi Arabia office of the Middle East-based firm Al Tamini & Co., recently co-authored an article published by Bloomberg about Saudi Arabia's draft cloud computing regulations...
Hogan Lovells
The G20 has urged countries to adopt the Financial Action Task Force (FATF) standards on virtual assets and virtual asset service providers, which were adopted in June last year.
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