Title: Resolution No. (94) of 2021 Regarding Renewal of the Securities Activities License of KFIC Financial Brokerage Company
- 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 securities activities license certificate of KFIC Financial Brokerage Company No. (AP/2018/0007) issued on 08/11/2018; and
- The application of KFIC Financial Brokerage Company to renew the license of the securities activities at the CMA; and
- Based on Resolution No. (63) of 2021 regarding amending the authorizations of the Supervision Sector’s procedures issued on 14/06/2021.
The Following Was Resolved
The securities activities license of KFIC Financial Brokerage Company at the CMA is hereby renewed for practicing the activity of Investment Portfolio Manager.
The license is valid for three renewable years, after paying the prescribed fees, starting from 08/11/2021.
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.
Head of Supervision Sector
Issued on: 25/08/2021