Regulatory Alerts2014-04-09
Procedures Guide for Public Consultation on Implementing Regulations Projects
The Capital Market Authority of Saudi Arabia issued this Procedures Guide to standardize the public consultation process for all new or amended implementing regulations projects. The mandate requires a default thirty-day consultation period and authorizes multiple engagement channels, including website publications, questionnaires, and memorandums. Upon Board approval, the Authority must publish major public comments alongside participant details and a summary report, while permitting confidentiality requests for individual contributors.
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