Saudi Arabia: Data localisation requirement for insurance market in code of conduct regulation
Progress
Current status
adopted
30 Aug 2008 adopted
Scope
Implementers
Saudi Arabia
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Adopted insurance market code of conduct regulation including data localisation requirement
On 30 August 2008, the Saudi Arabian Monetary Agency (SAMA) adopted the Insurance Market Code of Conduct Regulation. The regulation mandates that companies must ensure the protection of customer personal data by adhering to specific conditions. Thes…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body