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Title: The Capital Markets Authority Announces Reporting Suspected Crime to the Capital Market Prosecution
Date Publish
23 June 2022
The Capital Markets Authority announces reporting to the Capital Market Prosecution on 23/6/2022 the suspicious occurrence of the crime stipulated in Item No. (2) of Article (127) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its amendments. This is due to the failure of the defendant (Vice Chairman of the Board of Directors of a listed company) until the date of submitting this Report to implement a final resolution issued by the Disciplinary Board to pay the fine regarding violation No. (03/2022 Disciplinary Board - 190/2021 Authority) despite the fact that the Resolution was properly announced on 07/04/2022.
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