Introduction
The Capital Market Authority (“CMA") is keen on providing professional qualified cadres to work in the securities industry in the Saudi capital market. Thus, in cooperation with the Financial Academy and the Chartered Institute for Securities and Investment (CISI), the CMA has developed a series of qualification examinations, which are required for the persons to perform the functions stated in Chapter 4 of the Capital Market Institutions Regulations and to ensure their efficiency and professionalism in performing their registrable functions within the Authorized Capital Market Institutions. The CMA qualification examinations are as follows:
International Introduction to Securities and Investment (CME-1A).
The International Introduction to Securities and Investment Certificate is a foundational certificate offered by CISI to those who wish to work in the capital markets. It covers a number of related topics such as introduction to the financial services sector, the economic environment, assets and capital markets, investment funds, regulations and ethical principles as well as other financial products.
For registration or more information, please visit the link
General Saudi Capital Market Rules and Regulations (CME-1B).
The General Saudi Capital Market Rules and Regulations is a foundational regulatory certificate that gives an overview of the Saudi capital market. In addition, it covers the most prominent topics related to the CMA regulations, such as the Securities Business Regulations, the Capital Market Institutions Regulations, in addition to the Anti-money Laundering and Counter-terrorist Financing rules, prohibitions and systems and controls.
For registration or more information, please visit the link
Global Financial Compliance (CME-2A)
The Global Financial Compliance Certificate is one of the specialized certificates offered by CISI to those who are engaged in the field of compliance. It covers a number of compliance-related topics such as the international regulatory environment, the compliance function, managing the risk of financial crimes, ethics, integrity and fairness, governance, risk management and compliance.
For registration or more information, please visit the link
Saudi Capital Market Rules and Regulations – Compliance and Anti-Money Laundering (CME-2B)
This certificate provides persons to be registered to perform compliance and AML functions with the knowledge of the Authority's regulations. It covers several regulations such as the Capital Market Institutions Regulations, Investment Funds Regulations, Market Conduct Regulations, rules related to corporate finance, Investment Accounts Instructions as well as Anti- Money Laundering and CTF.
For registration or more information, please visit the link
Securities (CME-3A)
The Securities certificate is one of the specialized certificates offered by CISI to workers in the field of brokerage. The certificate includes a number of topics related to the field of brokerage, such as the financial services sector, asset classes, primary and secondary markets, in addition to topics related to clearing and settlement.
For registration or more information, please visit the link
Saudi Capital Market Rules and Regulations– Brokers (CME-3B)
This certificate is required from person to be registered as a broker. It covers topics related to the brokerage function such as the Market Conduct Regulations which covers for example legislations related to the prohibition of manipulative and deceptive acts or practices and insider trading.
For registration or more information, please visit the link
International Certificate in Wealth and Investment Management (CME-4A)
The International Certificate in Wealth & Investment Management covers the essentials of financial planning, private client asset management, fund management, advisory functions and investment analysis from a global perspective. The qualification will ensure that candidates have the knowledge and understanding of assets and investment products available in the capital markets, and find appropriate solutions to meet the investment, retirement and protection planning needs for clients i.e. investors.
It is required for all candidates to be registered under the Management activity such as fund managers, investment portfolio managers and investment analysts in the asset and portfolio management functions.
For registration or more information, please visit the link
Saudi Capital Market Rules and Regulations –Asset Managers (CME-4B)
This certificate provides persons to be registered under the management's activity (such as fund managers, investment portfolio managers, and investment analysts working in asset management and investment portfolio) with the knowledge of CMA's implementing regulations. It covers topics related to Investment Funds Regulations, Real Estates Funds Regulations and Market Conduct Regulations.
For registration or more information, please visit the link
Corporate Finance Technical Foundations (CME-5A)
The Corporate Finance Technical Foundations provided by the Chartered Institute for Securities and Investment (CISI) is designed for those who are interested to work as a corporate finance professional. The certificate encompasses the basic concepts required to work in the field of corporate finance, as well as related topics - including but not limited to – quantitative methods for corporate finance, financial statements analysis, capital structure, and business valuations.
This certificate is required from those who are going to be registered as corporate finance professional.
For registration or more information, please visit the link
Saudi Capital Market Rules and Regulations – Corporate Finance (CME-5B)
This certificate provides persons to be registered as corporate finance professional with the knowledge of the Authority's implementing regulations. It covers several regulations such as the Rules of Offering Securities and Continuing Obligations, special purpose entities, the Regulation of Mergers and Acquisitions, in addition to the Regulation of Corporate Governance.
For registration or more information, please visit the link
Please note that all holders of previous CMEs certificates are eligible to be registered with the CMA as per their registrable function without the need to obtain the new examinations.
For the new CMA's Qualification Examinations Guideline, please visit the link
For registration in the new examination, please visit the Financial Academy website on the following link:
Authority's qualification exams
