Banking & Finance
In all financial transactions, the main aim is to negotiate so as to ensure that both parties’ interests are balanced and protected. Moreover, when it comes to the banks; banks need to comply with certain banking laws and regulations to continue with their operations. Banking is a business impressed with public interest; in this regard, it is heavily regulated by the Saudi Laws and Regulations. These laws impose reporting requirements for banks and other financial institutions, govern securities and other transactions, and regulate taxes. In addition to affecting banks, banking and finance law often plays a large role in mergers and acquisitions of corporations, stock purchases and investments by both individuals and companies, and tax audits of bank accounts.
Without a sound financial management scheme, businesses may collapse and end up to their demise and without banks complying with the rapidly evolving regulatory laws and regulations, the banking industry might be put in jeopardy.
To prevent that from happening, Mohammed Al-Muzayen Law firm provides an extensive experience when it comes to advisory work in matters involving structuring, negotiation, bookkeeping, and financial transactions.In addition, we are knowledgeable in banking and finance law, hence we can advise you in the legal regulations that you need to comply with; and we make sure that the services we offer correspond to the fast changing regulatory aspects of financial services reform so as to maintain a competitive business advantage. In addition, we are very adept at advising start-ups and leading innovators across the banking and financial industries on the development, adoption and adaptation of technological solutions that are efficient and custom-tailored to suit each client’s peculiar needs.