Access the official CMA regulations, decrees, and amendments referenced throughout the course. All links direct to the Saudi Capital Market Authority's official publications.
Showing 18 of 18 documents
The foundational legislation establishing the CMA, defining its powers, and setting out the basic framework for regulating the Saudi capital market.
Governs licensing, governance, and conduct of all Capital Market Institutions (formerly Authorised Persons Regulations / APR). Covers licence categories, fit-and-proper standards, conduct of business rules, and capital adequacy requirements.
Regulates the establishment, offering, management, and operation of investment funds in Saudi Arabia, including public and private funds, REITs, and ETFs.
Defines the five categories of securities business requiring CMA licensing: dealing, arranging, advising, managing, and custody.
Establishes rules governing market behaviour including prohibition of insider trading, market manipulation, fair dealing requirements, and disclosure obligations.
Sets governance standards for listed companies, including board composition, audit committee requirements, disclosure obligations, and shareholder rights.
Governs public offerings, private placements, listing requirements, and continuing disclosure obligations for issuers.
Sets requirements for listing securities on the Saudi Exchange (Tadawul) and the Parallel Market (Nomu).
Regulates special purposes entities including their establishment, licensing, registration, management, and associated activities.
Specific regulations governing the establishment and management of Real Estate Investment Trusts (REITs) and real estate funds.
Rules for opening and operating investment accounts, including client money segregation and reporting requirements.
KYC, AML, and CTF requirements for Capital Market Institutions, including client due diligence and suspicious activity reporting.
Rules governing the registration, clearing, and settlement of securities through the Securities Depository Center.
Historic amendment abolishing Qualified Foreign Investor (QFI) status and opening the Saudi capital market to all categories of foreign investors.
Framework enabling foreign companies to register and offer securities on the Saudi Exchange through depositary receipts.
The CMA amended the regulatory framework to rename 'Authorised Persons' to 'Capital Market Institutions' (CMIs), reflecting the evolved role and scope of licensed entities.
Rules and standards for Shariah governance applicable to Capital Market Institutions providing Shariah-compliant products and services.
Sets capital adequacy, liquidity, and financial resource requirements for Capital Market Institutions to ensure financial stability.
Disclaimer: The links above direct to the official Saudi Capital Market Authority (CMA) website. Regulations are subject to amendment. Always refer to the latest version published on cma.org.sa for the most current regulatory text.