CmaBoardReleases
Back to Search
Title: The Capital Markets Authority Announces Reporting Suspected Crime to the Capital Market Prosecution
Date Publish
24 November 2022
The Capital Markets Authority announces reporting to the Capital Market Prosecution on 24/11/2022 the suspicious occurrence of the crime stipulated in Item (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 (A Company formerly listed in the Exchange and the former Chairman of its Board of Directors) until the date of submitting this Report to implement a final resolution issued by the Disciplinary Board to pay the fine regarding violation No. (21/2022 Disciplinary Board – 97, 100/2021 Authority) despite the fact that the Resolution was properly announced on 26/05/2022.
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
We use cookies to ensure you get the best experience on our website.