Regulatory Alerts2022-06-22
Securities Exchanges and Depository Centers Regulations
The Capital Market Authority of Saudi Arabia issued these Regulations to establish comprehensive authorization, governance, and operational requirements for securities exchanges and depository centers operating within the Kingdom. The framework mandates strict compliance with capital thresholds, fit-and-proper standards, risk management protocols, and continuous disclosure obligations to ensure market safety and investor protection. It further outlines the Authority’s discretionary powers to grant, vary, or cancel authorizations, impose conditions on foreign-established entities, and enforce appeals while maintaining oversight of trading systems and market infrastructure.
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