Episode Description
This episode highlights significant regulatory updates across key sectors including Governance, Awareness Campaigns, Cybersecurity, Threat Monitoring, and Consultation in the Middle East.
In Saudi Arabia, the National Cybersecurity Authority is actively implementing the Cybersecurity Enhancement Program focused on protecting critical infrastructure during the Hajj Season 1447 Hijri. This program features continuous threat monitoring, dedicated incident response teams, cyber exercises, and awareness campaigns targeting both national entities and Hajj guests, supported by the national portal "حصين."
In the United Arab Emirates, the financial market regulator has launched a public satisfaction survey to evaluate the effectiveness of its awareness campaigns and improve future outreach strategies. Additionally, a consultation survey is open to gather stakeholder input on the regulatory framework for virtual asset activities, aiming to enhance transparency and investor protection.
Furthermore, the Abu Dhabi Global Market Financial Services Regulatory Authority (ADGM FSRA) has introduced enhancements to the insurance regulatory framework, strengthening governance, aligning with IFRS 17 accounting standards, and improving compliance monitoring.
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