FAQs for Implementing Regulations

The content of this page shall not prejudice the provisions of the Capital Market Law, the Companies Law, their Implementing Regulations or other relevant laws. The content of this page shall not be considered an alternative to the provisions of the Capital Market Law, the Companies Law, or their Implementing Regulations. In the event of any conflict between the content of this page and the provisions of the Capital Market Law, the Companies Law, or their Implementing Regulations, those Laws and Regulations shall prevail. And as the Implementing Regulations issued by the CMA are subject to constant update, reliance shall be always on the Regulations published on CMA's website.

Category

Title

When shall the capital market institution incur the capital requirements for settlement risks in relation to the purchase or sale of shares?

Shall the Authorised Person calculate the exposures in relation to the purchase or sale of shares that arise in the settlement period as part of the large exposures?

To fulfill the requirements of subparagraph (3) of paragraph (d) of Article (52) of the Corporate Governance Regulations, what is the responsibility of the Company's Audit Committee in relation to reviewing contracts and transactions proposed to be conduc

FAQ465

FAQ466

FAQ467

FAQ468

FAQ469

What are the methods of verifying the validity of documents copies, data or information provided by the client for the purpose of opening an investment account?

FAQ471

Is a legal person incorporated under the Saudi Companies Law and owned by Saudi and foreign investors and licensed by Saudi Arabian General Investment Authority (SAGIA) subject to the Rules?

Can the foreign investor own a percentage that exceed 10% through his QFI account and his ultimate beneficiary swap account within the first twelve months after the opening of a QFI account while retaining an ultimate beneficiary swap account?

Does the foreign investor need to be aware of other laws or regulations?

How may a registered certified public accountant fulfill the requirement of participation for a sufficient amount of the working hours allocated for each audit engagement for an entity subject to the Authority's supervision which he issued a report in it

May an capital market institution collect a commission, from its clients, less than the percentage determined by the Authority for the purchase and sale transactions of securities listed on the Exchange?

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FAQs for Implementing Regulations