Saudi Arabia: Adopted insurance market code of conduct regulation including data localisation requirement
Description
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…
Scope
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body