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SAMA's mandate forces financial institutions to confront a foundational blind spot: many lack basic visibility into their existing cryptographic assets before they can even begin planning for quantum threats. This regulatory push highlights that the primary barrier to quantum readiness is not algorithmic development, but rather the ability to accurately enumerate and manage current certificate inventories. The convergence of this requirement with similar directives from the US and Singapore underscores a global shift where asset management precedes solution deployment in the quantum transition.
SAMA pushes banks for quantum-safe encryption inventory now

SAMA, Saudi Arabia’s central bank, expects financial institutions to assess risks from future quantum computing power.
Saudi Arabia’s central bank, SAMA, is now demanding financial institutions move beyond planning for the quantum threat and begin immediate action, mirroring a coordinated global regulatory push led by authorities in the US and Singapore. A surprising first hurdle for many, however, is simply knowing what cryptographic assets they currently possess; as one industry observer notes, asking a bank’s CISO for a live certificate count “usually gets a pause before the answer.” SAMA’s August 27, 2026 circular requires…
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