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New digital rules for tracking smuggling
The article discusses the draft of the executive regulation for the new Enforcement System launched by the Ministry of Justice, aimed at accelerating the enforcement of rights through digital platforms while ensuring safeguards to protect the debtor's residence and vehicle. The text includes strict rules to prevent travel bans, which are only permitted for debts exceeding 50,000 riyals. Debtors are allowed to voluntarily sell their assets within 60 days if the purchase offers cover the debt. The law also outlines procedures for tracking funds and property, with exemptions for the residence and vehicle from seizure unless they are insufficient. It emphasizes the importance of not disrupting the operation of companies or the salaries of employees unless necessary. Additionally, the regulation allows the private sector to participate in enforcement activities, stresses the quick verification of complaints within five days, and aims to achieve transparency and efficiency in enforcement procedures.
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