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| Hovedforfatter: | |
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| Format: | Recurso digital |
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| Udgivet: |
Zenodo
2026
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| Fag: | |
| Online adgang: | https://doi.org/10.5281/zenodo.19595662 |
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Indholdsfortegnelse:
- <p class="MsoNormal"><strong><em><span>The disclosure of beneficial ownership information is widely recognized as a key mechanism for promoting transparency in corporate and commercial activities, strengthening regulatory oversight, and combating illicit financial practices. In line with international anti-money laundering and counter-terrorism financing standards, Saudi Arabia has developed a legal and institutional framework governing beneficial ownership disclosure within its corporate sector under the broader reform agenda of Vision 2030. Although the country has introduced comprehensive legal provisions in this area, questions remain regarding the practical effectiveness of the beneficial ownership disclosure regime. Moreover, existing scholarship provides limited evaluation of how effectively the current legal structures and institutions operate in practice. This paper therefore examines the effectiveness of the beneficial ownership disclosure regime in Saudi Arabia. The study adopts a qualitative doctrinal legal research method to analyze relevant statutes, regulations, and institutional mechanisms. The findings indicate that Saudi Arabia’s legal framework largely aligns with international standards and clearly establishes disclosure obligations for corporate entities. However, certain institutional and implementation challenges limit the full effectiveness of the regime. The paper concludes that while the legal structure for beneficial ownership disclosure in Saudi Arabia is well developed, its practical effectiveness remains constrained by operational and enforcement limitations.</span></em></strong></p>