| Release Date: | 1439-04-09 |
|---|---|
| Release Tool: | Councils and commissions decisions |
| Issuance Instrument Number: | 2017-123-3 |
| Validity: | Cancelled |
| Date of last amendment: | 1445-07-05 |
| Summary: | By AI The document addresses the rules for the offering of securities and continuous obligations issued by the Capital Market Authority in Saudi Arabia, including provisions related to the scope of application, responsibility for the accuracy of documents, and conditions for private and public offerings. The document specifies the requirements for private offerings, obligations of financial institutions, and procedures for submitting a registration application, including the underwriting commitment an... |
The issuance included a minor amendment to the following:
Article Seventy-Four, paragraphs (e) and (d), and Article Eighty-Five, paragraphs (a, b, c, d), by replacing the phrase “qualified investors in the parallel market” with the phrase “qualified investors.”
Article Seventy-Nine, paragraph (w), and Article Eighty-Three, paragraph (d), by replacing the phrase “qualified investor in the parallel market” with the phrase “qualified investor.