| Release Date: | 1426-05-21 |
|---|---|
| Release Tool: | Councils and commissions decisions |
| Issuance Instrument Number: | 2005-83-2 |
| Validity: | Valid |
| Date of last amendment: | 1441-12-22 |
| Summary: | By AI The regulation issued by the Capital Market Authority in the Kingdom of Saudi Arabia addresses the organization of securities activities, including basic definitions, business practices, securities announcements, and publication. It is prohibited for any person to engage in these activities without a license from a financial market institution, with penalties for violations. The regulation includes exceptions for certain activities, such as transactions between group members or activities relate... |