Regulatory Alerts2020-01-01
Board of Directors Decision No. (201) for 2020 (Updated 2023 Edition)
The General Authority for Financial Supervision issued Decision No. (201) of 2020, updated in February 2023, to define the ownership structure of the Futures Contracts Exchange Company and its Clearing and Settlement Company. The regulation mandates specific ownership frameworks for entities trading futures contracts on the exchange, explicitly repealing previous provisions to align with current market operations. It requires all relevant financial institutions and exchange participants to comply with these structural ownership requirements effective from the decision's promulgation.
Board of Directors Decision No. (201) for the year 2020, dated 2020/12/27 Regarding the ownership structure of the Futures Contracts Exchange Company and the Clearing and Settlement Company for contracts traded on the Futures Contracts Exchange (Last amended date: 2023/2/22)
- The decision was amended by the Board of Directors Decision No. 20 for 2023, dated 2023/2/22.
Board of Directors of the General Authority for Financial Supervision Decided
(Article One)
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Article Two was repealed by the Board of Directors Decision No. 20 for 2023, dated 2023/2/22. (Article Two) Repealed (Article Three) (Article Four)
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Article Two was repealed by the Board of Directors Decision No. 20 for 2023, dated 2023/2/22.