Regulatory Alerts2026-01-06
Investment Accounts Instructions
The Capital Market Authority of Saudi Arabia issues these Instructions to regulate how capital market institutions open and operate investment accounts, particularly for securities crowdfunding platform activities. The rules mandate comprehensive client acceptance, strict adherence to anti-money laundering and counter-terrorism financing due diligence, and detailed identification verification for natural and legal persons. They establish standardized procedures for account agreements, freezing and attachment mechanisms, electronic recordkeeping, and specialized provisions for minors, incapacitated individuals, and GCC or foreign residents.
Share