Cabinet amends stock market regulations

17/09/2019 Argaam

 

The Saudi Cabinet has amended today the regulations governing the Saudi Stock Exchange (Tadawul).

 

The Cabinet also decided to maintain both the Committee for Resolution of Securities Dispute and the Appeal Committee for Resolution of Securities Dispute.

 

As per the cabinet’s decision, the Saudi stock regulator, the Capital Market Authority (CMA) will coordinate with the Saudi Arabian Monetary Authority (SAMA) in monitoring the securities custody, in addition to the other regulatory capacities.

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