CmaBoardReleases
Title: Announcement Regarding the Securities Activities License Granted to KFIC Financial Brokerage Company
Pursuant to Resolution No. (144) of 2021 Regarding the License Application Submitted by KFIC Financial Brokerage Company to practice securities activities pursuant to Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments, issued on 29/12/2021, and pursuant to the second article of the mentioned Resolution which stated that the Company shall be granted a license after completing the CMA requirements for a period of three years starting on the date of issuing the CMA license certificate, and after paying the required fee upon licensing.
The Capital Markets Authority announces that the license is issued to KFIC Financial Brokerage Company for practicing the activity of Securities Broker not Registered with an Exchange on 23/06/2022, for a period of three renewable years.