| Type: | Councils and commissions decisions |
|---|---|
| Date: | 1444-09-05 |
| Document Number: | 2023-26-2 |
| Source: | Capital Market Authority |
| Validity: | Valid |
| Summary: | By AI The Board of the Capital Market Authority has decided to adopt the new rules for foreign investment in securities and the amended instructions for investment accounts, to come into effect from the date of their publication. Two paragraphs were deleted from the definition of "qualified investor" concerning non-resident foreigners and foreign financial banks. Paragraph (b) of Article 57 of the Implementing Regulation of the Companies Law was also amended, replacing the phrase "licensed person" wit... |
| Umm Al-Qura Newspaper: |  |
Resolution of Councils and Committees No. (2023/26/2) for the year 1444
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