Saudi Arabia Issues New Regulations for Credit Rating Agencies
Client Alert | 1 min read | 11.12.14
As part of its efforts to further develop the capital market in the Kingdom of Saudi Arabia and to regulate and monitor the work and activities of parties subject to its control and supervision, the Saudi Arabian Capital Market Authority (CMA) has issued new Credit Rating Agencies Regulations (CRA Regulations). The CRA Regulations will take effect as of September 1, 2015.
The CRA Regulations regulate the conduct of credit rating activities in the Kingdom and the monitoring thereof, and they specify the procedures and conditions for obtaining a license to undertake credit rating activities. International best practices and standards were considered while preparing the CRA Regulations. Public consultations with finance professionals and other interested parties were taken into account when preparing the CRA Regulations.
The CRA Regulations can be viewed on CMA's website here.
Insights
Client Alert | 5 min read | 06.01.26
California Court Upholds Insurer’s Duty to Defend After Covered Claim Is Dismissed
On April 30, 2026, the U.S. District Court for the Northern District of California issued a significant ruling in an insurance coverage dispute between a commercial general liability insurer and its policyholder. The decision addresses several critical issues in insurance law, including the scope and continuity of the duty to defend and the standard for insurer reimbursement of defense costs in mixed-claim actions. The court ruled largely in favor of the insured, SVO Building One, LLC ("SVO"), and the matter now heads toward settlement or trial on SVO's remaining counterclaims.
Client Alert | 2 min read | 05.29.26
California Assembly Passes AB 1776, Sending Major Antitrust Bill to the Senate
Client Alert | 5 min read | 05.29.26
Clover Insurance v. HHS: S.D. of Georgia Holds 20 Star Ratings Measures Unlawful
Client Alert | 3 min read | 05.29.26
