Title: Resolution No. (18) of 2019 Regarding Renewal of the Securities Activities License of Rasameel Investment Company at the CMA
Date Publish 04 February 2019
- 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 Rasameel Investment Company No. (AP/2016/0005) issued on 16/03/2016; and
- At the request of Rasameel Investment Company to renew the license of securities activities at the CMA dated 16/12/2018; 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 Rasameel Investment Company at the CMA is hereby renewed for practicing the following activities:
- Investment Portfolio Manager
-Collective Investment Scheme Manager
- Subscription Agent
The license is valid for three years, renewable for the same period, from 15/03/2019..
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.
Head of Supervision Sector
Issued on: 04/02/2019
Copy of the Official Document
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