CMA LAW: Resolution No. (31) of 2020 Regarding Amending Some Provisions of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their Amendments

Having Perused:

- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and

- CMA Board of Commissioners Resolution passed in its meeting No. (9) of 2020 held on 19/4/2020; and

- CMA Board of Commissioners Resolution passed in its meeting No. (10) of 2020 held on 21/4/2020;

The Following Was Resolved

Article (1)
Module Five (Securities Activities and Registered Persons), Module Ten (Disclosure and Transparency), Module Eleven (Dealing in Securities) and Module Fifiteen (Corporate Governance) of the Executive Bylaws of Law No. (7) of 2010 is hereby amended pursuant to Annex (1) attached to this Resolution.

Article (2)
This Resolution is effective from the date of its issuance and shall be published in the Official Gazette. The concerned bodies shall execute this Resolution immediately, each within its jurisdiction. 

Prof. Ahmad A. Al-Melhem

Issued on: 22/4/2020

The Translated Document

Copy of the Official Document

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