Aggregated News From Investment Management Regulators

Saudi Arabia

The Capital Market Authority (CMA) Announces Launch of 5th Batch of Financial Technology Experimental Permit (FinTech ExPermit)

Page Content The Capital Market Authority (CMA) announced the start of receiving applications for applicants to obtain FinTech ExPermit for the fifth batch. This comes as a continuation of the series of FinTech Lab successes in its previous four batches and in continuation of the CMA's keenness to regulate and develop the Saudi financial market and make it an attractive environment for local and regional investors by supporting the financial technology industry and developing innovative products in the capital market. The CMA is looking forward to receive applications for obtaining a FinTech ExPermit for the fifth batch from all those interested...

CMA issues the Quarterly Statistical Bulletin for the Second Quarter of 2021

​The Capital Market Authority has issued the Quarterly Statistical Bulletin for the second quarter of 2021. Through this bulletin, the Authority aims to provide several statistical information about the Saudi Capital Market that is important for investors, market analysts, and researchers. Also, it aims to share data that raises the level of transparency and disclosure and stimulates investment in the Capital Market. The quarterly bulletin contains extensive data on the Capital Market, including offerings of securities, shares, Sukuk and bonds, investment funds, and Capital Market Institutions.  The bulletin can be viewed through the following link: Quarterly Statistical Bulletin - Second Quarter 2021 Source...

The Capital Market Authority announces suspension of some provisions of the Companies Law

In reference to the Royal Decree No. (15016) dated 16/03/1442 AH regarding the suspension of some provisions of the Companies Law issued by Royal Decree No. (M / 3) dated 28/01/1437 AH, and in reference to the joint coordination between the Capital Market Authority and the Ministry of Commerce, the Capital Market Authority would like to clarify the content of Royal Decree regarding listed joint stock companies, as it includes the following: 1.  Exemption to the provision of Article (150) of the Companies Law: (A) Extension of the period for which the board of directors must invite the extraordinary general assembly...

The Capital Market Authority Approves “Instructions on Issuing Depositary Receipts Out of the Kingdom

Page Content The Capital Market Authority (CMA) Board approved the “Instructions on Issuing Depositary Receipts Out of the Kingdom” which aim to set out the regulatory framework for the issuance of depository receipts out of the Kingdom of Saudi Arabia for shares issued in the Kingdom and listed in the Saudi Stock Exchange; or shares issued in the Kingdom and its issuer has made the necessary arrangements for listing them in the Exchange. These instructions come for the purpose of opening the Saudi financial market to foreign markets and contributing to build an advanced global financial market, in addition to...

Capital Market Authority: “We Closely Observe the Capital Market and Review All Precautionary Measures on an Ongoing Basis to Ensure its Stability.”

Page Content ​In line with the precautionary measures adopted by the Kingdom of Saudi Arabia to curb the spread of COVID-19; and in reference to the Saudi Stock Exchange’s (Tadawul) announcement on the temporary reduction of trading hours; the Capital Market Authority (CMA) confirms its continuous support of the health of the investment society and all its participant. Nevertheless, The CMA has taken several precautionary measures to further assist market participants in these exceptional circumstances. Such measures include suspension of General Assemblies for listed companies until further notice and hold them via modern technology means, availability of e-voting for shareholders through...

Holding Listed Companies’ Assemblies Remotely and Suspension of Physical Attendance

Page Content ​The Capital Market Authority Board issued today its decision to suspend holding assemblies for companies listed in the capital market until further notice, and to hold such assemblies remotely via modern technology means that would enable shareholders to participate in their deliberations and vote on their decisions through “Tadawulaty” system provided by the Securities Depository Center Company “Edaa”. This decision comes for the safety of the participant in the capital market and in support of the preventive efforts exerted by the relevant health authorities to address the novel Coronavirus (COVID-19), and as an extension of the continuous efforts made...

The Capital Market Authority Approves Securities Central Counterparties Regulations

Page Content ​The Board of the Capital Market Authority (CMA) issued today its decision to approve the Securities Central Counterparties Regulations. The approved regulations aim at regulating the securities clearing activities in the Kingdom, and specifying the procedures and conditions for obtaining an authorisation to carry out such activities; which will contribute to introducing new securities classes such as derivatives, in addition to guaranteeing the settlement and fulfillment of obligations of transactions party, which will in turn strengthen the capital market current infrastructure and enhance its efficiency. Furthermore, the approval of the Securities Central Counterparties Regulations was based on the amendments...

The Capital Market Authority Announces the Adoption of the Amended Rules on the Offer of Securities and Continuing Obligations

Page Content In continuance to the Capital Market Authority's (CMA) effort to regulate and develop the capital market, in addition to deepening it and promoting its role in raising capital, which were included in the CMA's strategic objectives to enhance the attractiveness of the market for investors of all classes under the pillar of facilitating funding, one of the pillars of the CMA's strategic plan (Financial Leadership Program 2019-2021), and in line with (the Financial Sector Development Program) one of the main programs to achieve the objectives of Saudi Vision 2030. The CMA Board has adopted the amended Rules on the...

Chairman of the Capital Market Authority Thanks the Leadership for Approving the Amendment of the Capital Market Law

Page Content ​His Excellency Mr. Mohammed bin Abdullah Elkuwaiz, Chairman of the Capital Market Authority expressed, in his name and on behalf of the employees of the Authority, gratitude and appreciation to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al-Saud, and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Deputy Prime Minister and Minister of Defense, for the Council of Ministers' issuance of the resolution approving the amendment of the Capital Market Law issued by Royal Decree no. (M/30) dated 02/06/1424H. Mr. Elkuwaiz announced that these amendments aims to enhance the role of...

CMA in Collaboration with GAZT Hold Workshop for Tradable Real Estate Investment Funds Managers to Explain Zakat Calculation Mechanism

Page Content ​The Capital Market Authority (CMA), represented by the Deputy for Listed Companies & Investment Products in collaboration with the General Authority of Zakat & Tax (GAZT), held a workshop titled "The Mechanism of Zakat Calculation and Zakat for Tradable Real Estate Investment Funds", on Wednesday, 3rd of July, 2019 in Riyadh. The workshop was part of CMA's efforts to reach out to participants in the capital market and raise awareness of the mechanism for calculating Zakat of tradable real estate investment funds (REITs). Mr. Abdullah Bin Ghannam, CMA Deputy for Listed Companies & Investment Products, explained that placing tradable...

The CMA Approves the Instructions for the Foreign Strategic Investors’ Ownership in Listed Companies

Page Content The Capital Market Authority's (CMA) Board approved the "Instructions for the Foreign Strategic Investors' Ownership in Listed Companies" ("the Instructions"), which will be effective as of the date of their publication. These Instructions are aimed at the foreign legal person who intends to own a strategic shareholding in the listed companies, and for which the aim is to promote the financial or operational performance of the listed companies on the long-term ("foreign investor"). Among the most prominent aspects and features of the Instructions are that they allow the non-financial foreign investor to invest in the Saudi capital market after...

The Capital Market Authority Announces its Resolution Regarding the Procedures Imposed on Companies Applying For Opening The Financial Reorganization Procedure

Page Content ​In continuation to the CMA's role in regulating and improving the Capital Market, the CMA has issued its Resolution regarding the procedures undertaken toward companies that apply for opening the Financial Reorganization Procedure. The CMA Resolution specified the procedures that will be implemented on the listed companies (issuers) when submitting an application to the court for commencing a financial restructuring procedure set under the Bankruptcy Law issued by The Royal Decree number (M/50) dated 28/05/1439H and its Regulation issued by Council of Minister number (622) dated 24/12/1439H, and specified these procedures as follows: Trading of listed securities of an...

Regulator Information

Abbreviation: ASIC
Jurisdiction: Australia
Abbreviation: BCSC
Jurisdiction: Canada
Abbreviation: BVI FSC
Jurisdiction: British Virgin Islands
Abbreviation: CSA
Jurisdiction: Canada
Regulator Name: Capital Market Authority
Abbreviation: CMA
Jurisdiction: Saudi Arabia
Abbreviation: CIMA
Jurisdiction: Cayman Islands
Regulator Name: Central Bank of Armenia
Abbreviation: CBA
Jurisdiction: Armenia
Regulator Name: Central Bank of Iceland
Abbreviation: CB IS
Jurisdiction: Iceland
Abbreviation: CBR
Jurisdiction: Russian Federation
Abbreviation: CSRC
Jurisdiction: China
Abbreviation: CSSF
Jurisdiction: Luxembourg
Abbreviation: CFTC
Jurisdiction: USA
Abbreviation: CFPB
Jurisdiction: United States
Abbreviation: HANFA
Jurisdiction: Croatia
Abbreviation: CySEC
Jurisdiction: Cyprus
Abbreviation: DFSA
Jurisdiction: Denmark
Abbreviation: AFM
Jurisdiction: Netherlands
Regulator Name: European Banking Authority
Abbreviation: EBA
Jurisdiction: Supranational
Abbreviation: EIOPA
Jurisdiction: Supranational
Abbreviation: ESMA
Jurisdiction: ESMA
Abbreviation: FDIC
Jurisdiction: United States
Regulator Name: Federal Reserve System
Abbreviation: FRB US
Jurisdiction: United States
Abbreviation: FRA
Jurisdiction: Egypt
Abbreviation: FCNB
Jurisdiction: Canada
Regulator Name: Financial Conduct Authority
Abbreviation: FCA
Jurisdiction: United Kingdom
Abbreviation: FinCEN
Jurisdiction: United States
Abbreviation: FINRA
Jurisdiction: United States
Regulator Name: Financial Market Authority
Abbreviation: FMA
Jurisdiction: Austria
Regulator Name: Financial Markets Authority
Abbreviation: AMF
Jurisdiction: Canada
Regulator Name: Financial Markets Authority
Abbreviation: AMF
Jurisdiction: France
Regulator Name: Financial Markets Authority
Abbreviation: FMA
Jurisdiction: New Zealand
Abbreviation: FSMA
Jurisdiction: Belgium
Abbreviation: SFC
Jurisdiction: Colombia
Abbreviation: FIN-FSA
Jurisdiction: Finland
Abbreviation: FME IS
Jurisdiction: Iceland
Abbreviation: FSA
Jurisdiction: Norway
Abbreviation: IOMFSA
Jurisdiction: Isle of Man
Abbreviation: JFSC
Jurisdiction: Jersey
Abbreviation: MFSA
Jurisdiction: Malta
Abbreviation: MSC
Jurisdiction: Canada
Abbreviation: MAS
Jurisdiction: Singapore
Abbreviation: NFA
Jurisdiction: United States
Abbreviation: CNV
Jurisdiction: Argentina
Abbreviation: OFAC
Jurisdiction: United States
Abbreviation: OCC
Jurisdiction: United States
Abbreviation: OSC
Jurisdiction: Canada
Abbreviation: CMVM
Jurisdiction: Portugal
Abbreviation: SEBI
Jurisdiction: India
Abbreviation: FSA
Jurisdiction: Japan
Abbreviation: SEC
Jurisdiction: United States
Abbreviation: SEC NG
Jurisdiction: Nigeria
Abbreviation: SEC TH
Jurisdiction: Thailand
Abbreviation: CVM
Jurisdiction: Brazil
Abbreviation: SFC
Jurisdiction: Hong Kong
Email: enqui[email protected]
Regulator Name: State Securities Commission
Abbreviation: SSC
Jurisdiction: Vietnam
Abbreviation: FI
Jurisdiction: Sweden
Abbreviation: FINMA
Jurisdiction: Switzerland
Abbreviation: UST
Jurisdiction: United States

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