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04/11/2020The Capital Market Authority (CMA) Grants a Financial Technology Experimental Permit (FinTech ExPermit) to Osool & Bakheet Investment Company to Create Equity Crowdfunding Platform...Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 2/6/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is conducive

04/11/2020Imposition of a Fine on Salama Cooperative Insurance Company, due to the violation of the Rules on the Offer of Securities and Continuing Obligations...The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (20,000) twenty Thousand Saudi Riyals on Salama Cooperative Insurance Company due to its violation of paragraph (c) of Article (64) of the Rules on the

04/11/2020The Capital Market Authority (CMA) Grants a Financial Technology Experimental Permit (FinTech ExPermit) to Sukuk Capital Company to Establish a Platform for Offering and Investment in Debt Instruments...Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 2/6/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is conducive

04/11/2020Imposition of a Fine on Fawaz Abdulaziz Al-Hokair Co. due to the violation of the Rules on the Offer of Securities and Continuing Obligations...The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of (40,000) Forty Thousand Saudi Riyals on Fawaz Abdulaziz Al-Hokair Co. due to its violation of paragraph (a) of Article (61) of the Rules on the Offer of

29/10/2020The Capital Market Authority Publishes Market Conduct Regulations Draft Amendments for Public Consultation...As part of the Capital Market Authority's ("CMA") strategic objectives to develop the capital market and enhance the confidence of the participants in the Capital Market, and based on the Capital Market Law issued by Royal Decree No. (M/30) Dated

28/10/2020Cancellation of United Financial House Company’s License...Cancelation of United Financial House Company’s LicenseThe CMA Board of Commissioners (BOC) has issued its resolution to cancel the license granted to United Financial House Company to conduct Dealing as Principal, Investment Fund Management,

26/10/2020Revoking the License of Value Capital ...In accordance to the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, The Board of Commissioners of the Capital Market Authority issued its resolution to revoke the license granted to Value Capital

21/10/2020Announcement from the General Secretariat of CRSD Regarding the Issuance of ACRSD Decision Convicting Violator of the Capital Market Law and its Implementing Regulations...The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 02/02/1442 H., corresponding to 19/09/2020 G.For further

20/10/2020Cancellation of the license granted to Ithraa Capital Company, upon its request...Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H and its Implementing Regulations, The Board of the Capital Market Authority issued its resolution to approve the cancellation of the license granted to Ithraa Capital

20/10/2020Announcement from the General Secretariat of CRSD Regarding the Issuance of ACRSD Decision Convicting Violator of the Capital Market Law and its Implementing Regulations...The General Secretariat of Committees for Resolution of Securities Disputes announces the issuance of the Appeal Committee for the Resolution of Securities Disputes' resolution dated 22/11/1441 H., corresponding to 13/07/2020G.For further announcement's

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