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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

30 Aug 2008
adopted

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…

Source
Event type order
Action type adoption
Government branch executive
Government body other regulatory body

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