Middle East Regulatory Policy Brief

Carver Agents

Regulatory news, updates, and insights for countries in the Middle East presented by the Carver Agents team

  1. 8h ago

    [Middle East] Regulatory Insights on Healthcare, Finance & Sanctions

    This episode covers significant regulatory developments across the Middle East and beyond, focusing on healthcare guidelines, financial compliance, and international sanctions. The Abu Dhabi Department of Health mandates all healthcare facilities to complete the Training Programme on Abu Dhabi Healthcare Guidelines for Health Media and Advertising System, ensuring compliance with circular 26/2023. Additionally, healthcare and pharmaceutical providers must update their contact details per circular 63/2021. In Saudi Arabia, the Capital Market Authority fined Keir International Company 10,000 SAR for failing to immediately disclose two interest-free loans exceeding one percent of gross revenues, emphasizing the importance of transparency in financial disclosures. New municipal regulations for commercial data centers have also been implemented, setting safety and operational standards. On the international front, the UN Security Council’s 1737 Sanctions Committee has been reinstated to oversee sanctions on Iran’s nuclear and ballistic missile activities, with a call for prompt appointment of leadership and experts. For more information, visit the Carver Agents website. Articles mentioned: Terms & ConditionsFCA takes action against Neil Woodford and W4.0 for operating without authorisationImposition of a Fine on Keir International Company, due to the violation of the Rules on the Offer of Securities and Continuing Obligationsفرض غرامة مالية على شركة كير الدولية، لمخالفتها قواعد طرح الأوراق المالية والالتزامات المستمرةالاشتراطات البلدية لمراكز البيانات التجاريةUN / IRAN SANCTIONSContact UsTerms and conditionsموافقة الهيئة على طلب شركة أبناء محمد حسن الناقول زيادة رأس مالها عن طريق منح أسهم مجانيةموافقة الهيئة على طلب الشركة التعاونية للتأمين زيادة رأس مالها عن طريق منح أسهم مجانية

    4 min

  2. 6d ago

    [Middle East] Key Regulatory Advances in Capital Markets & Compliance

    This podcast episode provides an in-depth overview of recent regulatory developments across the Middle East financial and compliance landscape, focusing on key sectors such as Capital Markets, Iran-related issues, public consultations, and the Al Rajhi GCC Equity Income Fund. Among the highlights, the Saudi Capital Market Authority (CMA) has officially approved the public offering of the Al Rajhi GCC Equity Income Fund, affirming its adherence to the Capital Market Law and related regulations while emphasizing investor diligence. Another pivotal update involves a class action lawsuit accepted by the CMA’s Committee for Resolution of Securities Disputes against board members of Raydan Food Company for alleged financial misrepresentations, inviting eligible investors to participate. Additionally, the UAE Securities and Commodities Authority (SCA) is actively engaging stakeholders through multiple digital consultations on regulatory frameworks, virtual assets, and market innovations. For more information, visit the Carver Agents website. Articles mentioned: Information and communication technology (ICT) risk management: range of practicesإعلان من هيئة السوق المالية بشأن الموافقة على طرح وحدات "صندوق الراجحي لأسهم الدخل الخليجية" طرحاً عاماًCMA Announces the Approval of Public Offering of 'Al Rajhi GCC Equity Income Fund'CMA: Acceptance of Request to Register Class Action Filed by an Investor against Some Members of Board of Directors and Members of Audit Committee in Raydan Food CompanyDigital Consultationsسحب عاجل للمنتج "مبيد حشري منزلي"- Habro Goodbye All Insects SprayAML, CTF & Sanctions Complianceاعتماد أعلاف وأغذية حيوانية للاستيرادEconomic Fury Targets Iranian LPG Smuggling and Shadow Banking Networksسحب جميع تشغيلات المنتج الطبيRoza بتركيزاته 10mg و 20mg أقراص مغلفة (Rosuvastatin)

    5 min

  3. Jun 1

    [Middle East] Regulatory Insights on AI, Cybersecurity & Hajj Readiness

    This episode covers key regulatory developments impacting the Middle East’s Hajj 1447H season, cybersecurity enhancements, national readiness, artificial intelligence governance, and capital market oversight. The International Organization of Securities Commissions (IOSCO) released a comprehensive Supervisory Toolkit targeting AI systems in capital markets. This toolkit addresses the AI lifecycle, including governance, risk management, third-party risks, disclosure, recordkeeping, and reporting duties for regulated entities. IOSCO emphasizes the importance of monitoring AI adoption to mitigate complexity, transparency issues, and cyber threats, supporting investor protection and market integrity. In Saudi Arabia, the National Cybersecurity Authority has launched a robust cybersecurity program for the 1447 Hijri Hajj season. This initiative includes four main tracks: continuous threat monitoring via a 24/7 cyber operations center, risk assessments, cyber exercises, and awareness campaigns involving over 300 national entities. The program focuses on securing critical infrastructure and services for pilgrims, deploying specialized incident response teams, and maintaining an inventory of Hajj-related assets and technical systems to strengthen the national cybersecurity posture during this significant event. For more information, visit the Carver Agents website. Articles mentioned: IOSCO publishes AI Supervisory Toolkitالهيئة الوطنية للأمن السيبراني خلال موسم حج 1447هـ .. مسارات رئيسية لتعزيز الجاهزية السيبرانية على المستوى الوطني وتأمين الخدمات المقدمة لضيوف الرحمن

    2 min
  4. OFAC Adani $275M Iran Sanctions Settlement, Amin Exchange Designation & UAE Drupal CVE-2026-8495 Cybersecurity Alert — Middle East RegWatch May 24, 2026

    May 25

    OFAC Adani $275M Iran Sanctions Settlement, Amin Exchange Designation & UAE Drupal CVE-2026-8495 Cybersecurity Alert — Middle East RegWatch May 24, 2026

    This week's Middle East RegWatch  Covers five developments across sanctions enforcement, cybersecurity, and global health regulationA week dominated by OFAC action against Iranian petroleum networks. OFAC reached a $275 million settlement with Adani Enterprises Limited resolving 32 apparent violations involving liquefied petroleum gas shipments linked to Iran processed through US financial institutions. As part of the settlement Adani will implement remedial measures and cooperate fully with the ongoing OFAC investigation.OFAC separately designated Amin Exchange and 19 associated vessels under Executive Order 13902 for Iranian petroleum and petrochemical shipments — requiring US persons to block and report all property interests immediately. Transactions involving designated parties are prohibited unless authorised or exempt.The SDN List was further expanded under Executive Order 13224 adding individuals, entities, and vessels supporting Hamas — requiring immediate screening updates, blocking of dealings, and compliance system updates across all affected organisations.In the UAE, a critical cybersecurity vulnerability was identified in the Drupal Date iCal module — CVE-2026-8495 — allowing anonymous unauthorised access to sensitive data through improper access control and input sanitisation failures. Organisations must update to Drupal version 4.0.15 or later immediately. The UAE Cyber Security Council recommends circulating the advisory to all subsidiaries and partners.The 79th World Health Assembly update covers entry into force of 2024 International Health Regulations amendments and ongoing negotiations on the Pathogen Access and Benefit Sharing Annex relevant to UAE and regional member state obligations.Essential listening for CCOs, sanctions compliance officers, heads of AML, CISOs, and legal counsel operating across the Middle East with exposure to Iran-linked counterparties or US financial institutions.Carver RegWatch delivers weekly regulatory intelligence across jurisdictions. Published May 24, 2026 For more information, visit the Carver Agents website. Also from Carver RegWatch this week: This Week in AI Regulations — EU AI Act high-risk classification guidelines, CNIL €487M record fines, China AI deepfake enforcementASEAN RegWatch — Bank Indonesia 50bps rate hike to 5.25%, MAS revokes Bsquared payment licence, Singapore insider trading convictionsUSA Regulatory Updates — SEC novel ETF regulatory review, California Hermes Bitcoin kiosk enforcement, IOSCO AI supervisory toolkitEU Regulatory Updates — EU AI Act consultation deadline June 23, CNIL cybersecurity enforcement priorities 2026, EU Solidarity Fund climate allocationIndia Regulatory Updates — RBI restricts Nagar Sahakari Bank, RBI cancels Yashwant Co-operative Bank licence, SEBI Investor Onboarding Regulatory SandboxGlobal Regulatory Briefing — Bank of England CCP resolution paper, Malta tokenisation consultation, ASIC sustainability reporting focus 2026-27Find all series at The Carver Agent Podcast  Articles mentioned: Settlement Agreement between the U.S. Department of the Treasury's Office of Foreign Assets Control and Adani Enterprises LimitedSeventy-ninth World Health Assembly – Daily update: 19 May 2026Economic Fury Targets Networks Generating Billions for Iran’s Terrorist RegimeCounter Terrorism Designations; Iran-related Designations432318977 - Critical Vulnerability in Drupal Date iCal Module.pdfNEWS BRIEF 18-05-26

    3 min

  5. May 17

    [Middle East] Regulatory Insights on Sanctions, Vaccines & Mergers

    This episode delves into critical regulatory developments affecting multiple sectors including the Generalised Scheme of Preferences, EU Advisory Mission, sanctions evasion, aircraft leasing, and meningococcal vaccine programs. Key updates include the UAE’s introduction of shadow billing data submissions for outpatient classification, enhancing healthcare data transparency and compliance ahead of full implementation in 2027. The childhood immunization program is also evolving with the addition of the Meningococcal ACYW135 Conjugate Vaccine, alongside updated pneumococcal vaccine dosing schedules. On sanctions, the U.S. Treasury’s OFAC has designated multiple entities tied to Iran’s Islamic Revolutionary Guard Corps oil operations, imposing stringent blocking and reporting requirements on U.S. persons. Complementing this, FinCEN’s alert underscores risks in illicit financial activities, mandating enhanced due diligence by financial institutions, particularly concerning blockchain and digital asset transactions. Lastly, the European Commission approved two significant mergers impacting shipping asset management and tissue product manufacturing sectors, ensuring compliance with EU internal market regulations. For more information, visit the Carver Agents website. Articles mentioned: Shadow Billing Data Submission for Abu Dhabi Outpatient Classification (ADOC)M.12375 - 12.05.2026 - DAE / MAFAll news on EU tradeEconomic Fury Ramps Up Pressure on Iran’s Islamic Revolutionary Guard Corps Oil OperationsUpdates to the Immunization Program (Childhood and School Vaccination)M.12220 - 12.05.2026 - CAPITAL MARITIME / FORTRESS / HAYFIN / UNITED OFFSHOREAlertCounter Terrorism Designations; Iran-related DesignationsSUZANO / KIMBERLY-CLARK (INTERNATIONAL FAMILY CARE & PROFESSIONAL BUSINESS)Foreign Affairs Council: Press conference by High Representative Kaja Kallas

    4 min

  6. May 11

    [Middle East] Regulatory Insights on Cybersecurity, Clinical Costing & Trade

    This episode covers pivotal regulatory developments impacting Public Consultation, Foreign Affairs, Banking, Mercosur-European Union Agreement, and Foreign Trade sectors in the Middle East. Key updates include Saudi Arabia’s National Cybersecurity Authority launching a public consultation on cybersecurity controls for national events, aiming to enhance governance and resilience against cyber risks. In the UAE, the Department of Health in Abu Dhabi has extended the submission deadline for the Clinical Costing Roadmap’s second year, reinforcing healthcare regulatory compliance. Additionally, a landmark joint initiative by the UAE’s Ministry of Economy and Tourism, Capital Market Authority, and Dubai Financial Services Authority introduces coordinated Quality Management audit inspections to elevate audit firm standards across the region. For more information, visit the Carver Agents website. Articles mentioned: الهيئة الوطنية للأمن السيبراني تستطلع آراء العموم حول وثيقة «ضوابط الأمن السيبراني للأحداث والمناسبات الوطنية»Clinical Costing Submission – Abu Dhabi Clinical Costing Roadmap – Submission Year 2 (SY02)Lula enacts Mercosur–European Union agreementMinistry of Economy and Tourism, Capital Market Authority, and the DFSA launch first joint Quality Management audit inspections to strengthen capital markets financial oversightEconomy Middle East Summit 2026

    3 min

  7. May 4

    [Middle East] Key Regulatory Advances in Cybersecurity & Governance

    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. For more information, visit the Carver Agents website. Articles mentioned: الهيئة الوطنية للأمن السيبراني تواصل تنفيذ «برنامج تعزيز الأمن السيبراني لموسم حج 1447هـ»استبيان مدى رضا الجمهور عن حملات التوعية بخدمات الهيئةSurvey on the Virtual Assets Regulatory Frameworkاستبيان الإطار التنظيمي للأصول الافتراضية20260427 ADGM FSRA Implements Enhancements to the Regulatory Framework for Insurance AR.pdf

    3 min

  8. Apr 27

    [Middle East] Key Regulatory Advances in Corporate and Financial Sectors

    This episode covers significant regulatory developments impacting Articles of Association amendments, Public Joint Stock Companies, and financial communication standards in the Middle East, with relevant implications for Ukraine. The UAE Securities and Commodities Authority has introduced streamlined approvals for amendments to Articles of Association of Public Joint Stock Companies, enhancing shareholder involvement and regulatory oversight. Additionally, the launch of a securitization approval service formalizes securitization transactions, promoting transparency and risk mitigation. The Financial Services Regulatory Authority (FSRA) reiterated critical requirements on business continuity, governance, and compliance reporting, urging firms to engage early with regulators to maintain operational resilience. Enforcement actions against financial entities highlight the importance of adherence to anti-money laundering and corporate governance standards. For more information, visit the Carver Agents website. Articles mentioned: DLT and Stablecoins: Where Do We Stand?المخالفات والمخالفينDear SEO Letter - Business Continuity - 20042026.pdfFCA spearheads global action to stop illegal finfluencersNew speech by Eric Yip: Keynote address at Hong Kong Web3 Festival 2026CMA Drives Responsible Financial Communication During International Week of ActionStart Service - Securitization ApplicationStart Service - Amendments to Articles of Association of a PJSCهيئة سوق المال تقود التواصل المالي المسؤولForeign Affairs Council: Press remarks by High Representative Kaja Kallas

    4 min
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Regulatory news, updates, and insights for countries in the Middle East presented by the Carver Agents team

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