Title: Resolution No. (174) of 2018 Regarding Renewal of the Securities Activities License of Bayan Investment Company at the CMA
Date Publish 30 December 2018
- 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
- The securities activities license certificate of Bayan Investment Company No. (AP/2016/0004) issued on 03/02/2016; and
- At the request of Bayan Investment Company to renew the license of securities activities at the CMA dated 31/10/2018; and
- Resolution No. (149) of 2018 regarding amending the final approval of authorizations for the Supervision Sector’s procedures issued on 25/11/2018.
The Following Was Resolved
The securities activities license of Bayan Investment Company at the CMA is hereby renewed for practicing the activity of Investment Portfolio Manager for three years.
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Acting Head of Supervision Sector
Issued on: 30/12/2018
Copy of the Official Document
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