CmaBoardReleases
Title: Resolution No. (47) of 2021 Regarding Amending Some Provisions of the Executive Bylaws Regarding Internal Policies and Procedures of the Licensed Persons
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
- CMA Board of Commissioners Resolution passed in its meeting No. (12) of 2021 held on 07/04/2021;
The Following Was Resolved:
Article (1)
Module Six (Policies and Procedures of Licensed Persons) of the Executive Bylaws of Law No. (7) of 2010 is hereby amended pursuant to Annex (1) attached to this Resolution.
Article (2):
Appendix 5 (Application for Securities Activities License) of Module Five (Securities Activates and Registered Persons) of the Executive Bylaws of Law No. (7) of 2010 is hereby amended pursuant to Annex (2) attached to 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.
Prof. Ahmad A. Al-Melhem
Issued on: 12/04/2021