News

20.09.2026

STAT Authors Saudi Arabia Chapter of the International AI in Financial Services Review 2026/27

STAT authored the Saudi Arabia chapter of the International AI in Financial Services Review 2026/27, outlining the regulatory framework for AI, robo-advisory rules and emerging policies in the Kingdom's financial sector.

STAT Authors Saudi Arabia Chapter of the International AI in Financial Services Review 2026/27
STAT is pleased to have authored the Saudi Arabia chapter of the International AI in Financial Services Review 2026/27, published by Beaumont Capital Markets.

With 2026 designated the Year of Artificial Intelligence, the chapter maps how AI in the Kingdom’s financial sector is governed. There is no single AI statute. Instead, requirements are spread across SDAIA, the CMA, SAMA, the Insurance Authority and the NCA. The chapter also covers the CMA’s new robo-advisory regime, cross-border data and cloud requirements, and the draft policies expected to shape the next phase.

Working where technology, regulation and finance meet, our team continues to advise banks, fintechs and investment firms on AI governance, data protection and regulatory engagement across the Kingdom’s evolving landscape, in support of Vision 2030.

Authored by Partner Zeyad AlSalloum, Senior Counsel Richard Blackburn and Associate Abdullatif Alharbi.

As AI reshapes the Kingdom’s financial sector, this chapter reflects STAT’s commitment to guiding clients through each regulatory development with clarity and confidence, setting the new legal standard.


Zeyad Y. AlSalloum

Zeyad’s experience cuts across different practice areas and includes advising private sector and government clients in relation to large,…

Richard Blackburn

Richard, a senior counsel in the Banking and Islamic Finance practice, has extensive experience advising international and regional banks,…

Abdullatif Alharbi

Abdullatif, an associate specializing in banking law and debt capital markets, is a licensed lawyer in Saudi Arabia, admitted by the…

Privacy Preference Center