​The Capital Market Authority hosts today, Sunday, the 15th Meeting of the GCC Heads of Capital Markets Authorities' Committee. The meeting is chaired by H.E Dr. Abdulrahman M. Albarrak, CMA's Board member and the participation of the Heads of the GCC Capital Market Authorities.

The Committee was commenced with a speech by Dr. Albarrak where he welcomed the participants and emphasized on the importance of this meeting to enhance the communication and exchange of ideas between the regulating authorities in the member states. That is in order to achieve the integration between the financial markets according to the vision of the Permanent Ministerial Committee of Board Chairpersons of the Gulf Cooperation Council (GCC) Securities Market Regulators. He added that the topics to be discussed would achieve the desired integration which is in line with the Saudi Vision 2030 that stressed on the importance of regional integration and continuing the cooperation of the Gulf States.

The meeting started by discussing the GCC securities market integration strategy and mechanisms in order to approve it. The Committee also reviewed the minutes of the GCC securities market integration strategy team's second meeting  and the minutes of the twelfth meeting of the team of the Surveillance and Supervision on the Regulating Authorities of the Gulf States' Capital Markets. 

The latest developments in the GCC Capital Markets were discussed as well as the Saudi Capital Market's recommendation to set a framework for a website where any trainings or papers written by the Authorities can be published.