2017-02-13

Corporate Governance Regulations

The Capital Market Authority of Saudi Arabia issued these mandatory Corporate Governance Regulations to establish a comprehensive legal framework for listed joint stock companies. The rules mandate fair shareholder treatment, clear dividend policies, and robust board structures with independent directors and specialized committees overseeing audit, remuneration, nominations, and risk management. Furthermore, the regulations enforce strict internal control systems, external auditor oversight, transparent disclosure practices, and conflict of interest protocols to enhance corporate accountability and stakeholder protection.

Saudi Arabia

Capital Market Authority

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