Circular No. (S/18/3327/6/1) for the year 1439 AH

Type:	Circular
Date:	1439-08-17
Document Number:	ص/18/3327/6/1
Source:	Capital Market Authority
Summary:	By AI The instructions issued by the Capital Market Authority relate to the conclusion of securities swap agreements, whereby the licensed person is prohibited from exercising the voting rights associated with the relevant shares. The licensed person must hold a license to engage in securities trading and notify the Authority ten working days prior to entering into the Agreement. Additionally, compliance with anti-money laundering and counter-terrorism financing laws is required, and it must be ensure...

Type:

Circular

Date:

1439-08-17

Document Number:

ص/18/3327/6/1

Source:

Capital Market Authority

Summary:

By AI

The instructions issued by the Capital Market Authority relate to the conclusion of securities swap agreements, whereby the licensed person is prohibited from exercising the voting rights associated with the relevant shares. The licensed person must hold a license to engage in securities trading and notify the Authority ten working days prior to entering into the Agreement. Additionally, compliance with anti-money laundering and counter-terrorism financing laws is required, and it must be ensure...