Regulatory Alerts2018-03-14
The Inclusion of Legal Department Employees of Private Legal Entities within the Status of a Representative
The Saudi Central Bank issued a circular to financing companies, formally extending the status of a legal representative to their in-house legal department employees under the Ministry of Justice's updated Lawyers System regulations. This designation permits these employees to represent their companies in judicial proceedings in more than three cases simultaneously, provided they obtain a license from the General Directorate of Advocacy. Applicants must submit a personal application along with specific documentation, including a valid employment contract, active duty certificate, social insurance records, a power of attorney, company registration documents, and recent photographs.
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