CmaBoardReleases
Title: Resolution No. (124) of 2021 Regarding the Issuance of Appendix (4) of Module Two (Capital Markets Authority) of the Executive Bylaws of Law No. (7) of 2010 and their Amendments (Schedule of the CMA Services Fees)
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
- Resolution No. (9) of 2016 Regarding Issuance of Fees Schedule issued on 11/02/2016 and its amendments; and
- Based on CMA Board of Commissioners Resolution No. (B.C.A 11 – 33 of 2021) passed in its meeting No. (33) of 2021 held on 22/09/2021.
The Following Was Resolved
Article (1)
Item (1) of Article (8-10) of Module Two (Capital Markets Authority) of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended by adding the paragraph (according to Appendix (4) “Schedule of the CMA Services Fees” of this Module).
Article (2)
Appendix (4) “Schedule of the CMA Services Fees” is hereby added to Module Two (Capital Markets Authority) of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments.
Article (3)
Resolution No. (9) of 2016 Regarding Issuance of Fees Schedule issued on 11/02/2016 is hereby canceled.
Article (4)
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 Almelhem
Issued on: 02/11/2021