Saudi Arabia: Corporate Governance

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Article
What Saudi Arabia's AI Risk Management Framework Means For Organisations
Saudi Arabia's Data and AI Authority has published the Kingdom's first national framework for managing artificial intelligence risks, establishing a comprehensive governance approach that combines Islamic values with international best practices. The framework provides government and private organisations with a structured methodology for identifying, assessing, treating and monitoring AI risks across all sectors, while supporting the country's Vision 2030 and National Data and AI Strategy.
Saudi Arabia Technology
GW
Gowling WLG
Article
Ultimate Beneficial Ownership (UBO) In Saudi Arabia: Compliance Requirements And Risks
Transparency in ownership structures has become A fundamental requirement of the modern investment landscape. Merely knowing the registered Shareholder of a company is no longer sufficient for regulators or financial institutions. With the increasing sophistication of money laundering methods and the concealment of the origin of illicit funds through companies and legal entities, many jurisdictions have moved towards requiring companies to disclose the Ultimate Beneficial Owner (“UBO”).
Saudi Arabia Commercial
ER
Eyad Reda Law Firm LLP
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