Jurisdiction
Saudi Arabia
Related legislation
Saudi Arabia Royal Decree No. M36/1412 on the Approval of the Law Combatting Bribery, Saudi Arabia Cabinet Decision No. 175/1412 Approving the Anti-Bribery Law
Relevant company
Nasreen Alissa Law Firm
Abstract
Saudi Arabia’s Anti-Bribery Law is significant in application to thrust the development vision of the crown named as Vision 2030. The law was enacted by Saudi Arabia Royal Decree No. M36/1412 on the Approval of the Law Combatting Bribery (Saudi Arabia Cabinet Decision No. 175/1412 Approving the Anti-Bribery Law). The first anti-bribery law was enacted in 1962 (Saudi Arabia Royal Decree No. 15/1382) just before the General Civil Servants’ Law (Saudi Arabia Royal Decree No. 49/1397) was issued, which incriminated bribery and abuse of position in the public sector.
Read the full Legislative Insight on Lexis ® Middle East
Middle-East Legislative Insight Saudi Arabia Foreign Investment-Law.pdf