Royal Decree No. (M/3) for the year 1437 AH

Type:	Royal Decree
Date:	1437-01-28
Document Number:	3
Summary:	By AI The document pertains to the approval of King Salman bin Abdulaziz Al Saud of the Companies Law, where it was emphasized that the provisions of this law do not impede the jurisdiction of the Committee for the Resolution of Securities Disputes. It was also confirmed that investment funds and special purpose entities are not subject to the provisions of the Companies Law, but are regulated under the Capital Market Law. A royal decree has been issued in this regard, with an emphasis on the necessit...

Type:

Royal Decree

Date:

1437-01-28

Document Number:

3

Summary:

By AI

The document pertains to the approval of King Salman bin Abdulaziz Al Saud of the Companies Law, where it was emphasized that the provisions of this law do not impede the jurisdiction of the Committee for the Resolution of Securities Disputes. It was also confirmed that investment funds and special purpose entities are not subject to the provisions of the Companies Law, but are regulated under the Capital Market Law. A royal decree has been issued in this regard, with an emphasis on the necessit...