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    • Chairman Message
    • Organizational Structure
  • Awareness
    • Suggestions
    • Publications
    • National Project
    • Events
    • List Of Licensed Companies
    • External Audit Offices
    • List Of Registered Auditors
    • Local and Gulf Unlicensed Entities
    • Persons Restricted from Practicing Securities Activities or Registered Positions and Employment Positions
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    • Facilitating the opening of investment accounts Initiative
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    • Digital Financial Advisory
    • Initial Implementation Phase
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Executive Bylaws - CMA

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Executive Bylaws

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  • February 17
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7-10 Procedures of Incorporation Of Module Eleven: Dealing in Securities
Section: Chapter Seven: Special Purpose Vehicle Companies
  • Sunday, 12 February 2017

    A Special Purpose Vehicle Company shall be incorporated in accordance with the following procedures: 1. The incorporation application shall be submitted in accordance with the form shown in Appendix (2) accompanied by all the documents and information stated in the form. Fees as determined shall be paid. 2. Following the receipt of the company incorporation application complete with all requirements referred to in Paragraph (1) of this Article, the Authority may at any time require further information or documents it finds necessary to decide upon the application. In the event that the applicant fails to submit such information and document within the period set by the Authority the application shall be deemed to be withdrawn. 3. The Authority shall make a decision regarding an incorporation application after receiving it complete with all information and documents stated in paragraphs (1) and (2) of this article.

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