This issue is filled with great insights and expert commentary on areas that are relevant to the legal landscape and highlight how the business community is embracing technology, media and telecommunications. There are various topics covered, from new ways of working and digital transformation in the finance sector to data protection regulatory updates and guidance. We also have a series of articles that focus on e-commerce across a number of jurisdictions.
You will also find insights from our lawyers around real estate analytics, tech trends, and data centres.
We hope this edition of Law Update provides some useful food for thought – enjoy the read!Take a read of the edition
The Kingdom of Saudi Arabia (“KSA”) has recently issued two laws that significantly widen the options available for creation of security. These are the Movable Assets Security Law and the Amendment to the Commercial Pledge Law both issued by Royal Decree No. (M/94) dated 15/08/1441H (corresponding to 08/04/2020G).
The amendments that have been issued are far-reaching and will require financial institutions to quickly adapt to these changes. The following are the significant changes introduced:
Lobna Al Reshaid
Trainee Lawyer, Banking & Finance