CmaBoardReleases
Title: Resolution No. (119) of 2022 Regarding Cancelling the Registration of Ms. Mai Shuaib Abdullah Shuaib from the Register of Auditors
Having Perused:
- 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 registration certificate of Ms. Mai Shuaib Abdullah Shuaib No. (EA/2017/0041) issued on 09/10/2020; and
- The application of the auditor Ms. Mai Shuaib Abdullah Shuaib to cancel her registration as an auditor in the concerned register at the CMA; and
- Based on Resolution No. (48) of 2022 regarding amending the authorizations of the Supervision Sector’s procedures issued on 03/04/2022.
The Following Was Resolved
Article (1)
The registration of the auditor Ms. Mai Shuaib Abdullah Shuaib is hereby cancelled from the register of auditors at the CMA as of 20/7/2022.
Article (2)
Ms. Mai Shuaib Abdullah Shuaib shall meet all the legal obligations established by Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments for the period prior to the enforcement of this Resolution.
Article (3)
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.
Fahed A. Al-Fadli
Acting Head of Supervision Sector
Issued on: 20/07/2022