Aggregated News From Investment Management Regulators

Saudi Arabia

Change the name of Value Capital Partners Company

Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority (CMA) announces that Value Capital Partners Company notified the CMA of its name change to Artal Capital Company. Source link

The Permission of the FinTech experiment granted to Rakeez Capital Company to test Offering and Investment in Debt Instruments, and its completion of the...

Based on the Capital Market Law issued by Royal Decree No. (M/30) dated 06/02/1424 AH, its implementing regulations, and the Financial Technology Experimental Permit instructions issued by the Board of the Capital Market Authority, The Capital Market Authority announces that Rakeez Capital Company has completed the commencement of business requirements to experiment the Financial Technology permit in relation to test Offering and Investment in Debt Instruments Platform pursuant to the decision of CMA's Board of Directors dated 20/04/2022G.  Source link

The Capital Market Authority approves the capital increase request for Obeikan Glass Company through the issuance of bonus shares

The CMA has issued its resolution approving Obeikan Glass Company's request to increase its capital from SAR (240,000,000) to SAR (320,000,000) through issuing (1) bonus share for every (3) existing shares owned by the shareholders who are registered in the shareholders registry at the Security Depository Center as of the closing of the second trading day after the due date which will be determined later by the Company's board, such increase will be paid by transferring an amount of SAR (80,000,000) from “Retained earnings" account to the Company's capital. Consequently, increasing the Company's outstanding shares from (24,000,000) shares to...

Announcement for the referral of a suspicion of violating Article (49) of the Capital Market Law and Article (2) of the Market Conduct Regulations...

In line with the Capital Market Authority's (CMA) responsibilities to protect the citizens and investors from unfair or unsound practices, and aiming to achieve fairness, efficiency and transparency in securities transactions, the CMA informs investors and participants in the capital market that a CMA Board resolution has been issued regarding the referral of a suspicion of a violation to the Public Prosecution. The suspicion is regarding the violation of Article (49) of the Capital Market Law and Article (2) of the Market Conduct Regulations, by an investor for carrying out practices that involved manipulative and deceptive acts, where the...

The Permission of the FinTech experiment granted to Sahem Financial Company to test Investment and Real Estate Funds Distribution Platform, and its completion of...

​Based on the Capital Market Law issued by Royal Decree No. (M/30) dated 06/02/1424 AH, its implementing regulations, and the Financial Technology Experimental Permit instructions issued by the Board of the Capital Market Authority, The Capital Market Authority announces that Sahem Financial Company has completed the commencement of business requirements to experiment the Financial Technology permit in relation to test Investment and Real Estate Funds Distribution Platform pursuant to the decision of CMA's Board of Directors dated 30/05/2022G.  Source link

Announcing the Issuance of CRSD Final Decision Convicting Violator of the Capital Market Law and its Implementing Regulations

The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 15/03/1444 H., corresponding to 11/10/2022. For further announcement's details, kindly visit the official website of General Secretariat of the Committees for Resolutions of Securities Disputes, via the following link: (Link) Source link

Announcing the Issuance of ACRSD Final Decision Convicting Violator of the Capital Market Law and its Implementing Regulations

The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 02/06/1444 H., corresponding to 26/12/2022. For further announcement's details, kindly visit the official website of General Secretariat of the Committees for Resolutions of Securities Disputes, via the following link: (Link) Source link

The Capital Market Authority Licenses Rawasi Advanced Investment Company to Conduct Managing Investments Activity in the Securities Business and its Completion of the Commencements...

In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Rawasi Advanced Investment Company has completed the commencements of business requirements to conduct Managing Investments activity in the Securities Business licensed as per CMA resolution dated 01/02/1443H corresponding to 08/09/2021G. Source link

Announcing the Issuance of ACRSD Final Decision Convicting Violator of the Capital Market Law and its Implementing Regulations

The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 05/06/1444 H., corresponding to 29/12/2022. For further announcement's details, kindly visit the official website of General Secretariat of the Committees for Resolutions of Securities Disputes, via the following link: (Link) Source link

CMA Announces the Approval of Public Offering of “GIB Murabaha Fund”

The CMA has issued its resolution approving the public offer, by "GIB Capital Company", of "GIB Murabaha Fund." An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high risk. Therefore, investors should carefully read the Terms and Conditions which includes detailed information on the Fund, investment strategy and risk factors, and carefully study it to be able to assess the feasibility of taking into consideration the associated risks. If the Terms and conditions proves difficult to understand, it is recommended to refer to the fund manager for more information. The CMA's approval of...

Announcing the Issuance of ACRSD Final Decision Convicting Violator of the Capital Market Law and its Implementing Regulations

The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 21/05/1444 H., corresponding to 15/12/2022. For further announcement's details, kindly visit the official website of General Secretariat of the Committees for Resolutions of Securities Disputes, via the following link: (Link) Source link

The Capital Market Authority Licenses Dom Capital Financial Company to Conduct Managing Investments & Operating Funds, Arranging, & Advising activities in the Securities Business...

In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, the Capital Market Authority announces that Dom Capital Financial Company has completed the commencements of business requirements to conduct Managing Investments & Operating Funds, Arranging, & Advising activities in the Securities Business licensed as per CMA resolution dated 21/03/1444H corresponding to 17/10/2022G. Source link

Regulator Information

Regulator Name: Capital Market Authority
Abbreviation: CMA
Jurisdiction: Saudi Arabia

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