CMA's new organizational structure will take effect on April 1st 2016

​As of the Twenty First of Jumada II, 1437H corresponding to the First of April 2016, the new organizational structure of the Capital Market Authority will be effective. It was prepared as part of the Authority's efforts to develop its mechanism to cope with the fast and future developments in the capital markets and to ensure greater participation of all related parties.

CMA aims, through the new structure, to apply the international best practices with emphasis on risk based methodologies when using its resources and supervising the market. The new structure also covers its new responsibilities related to the listed companies as per the new Companies Law.

The new structure acknowledges the importance of internal communication and the communication with market participants, government entities and the local interested parties.

It is important to mention that the new organizational structure would strengthen the readiness of the Capital Market Authority to achieve the objectives of the strategic plan (2015-2019) which focuses on: developing the Capital Market, promoting investor protection, improving the regulatory environment and enhance CMA's organizational excellence.

The new organizational structure can be viewed on the following link.