‎CMA approves foreign investment rules in securities

‎CMA approves foreign investment rules in securities ‎CMA approves foreign investment rules in securities

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The Capital Market Authority (CMA) approved the foreign investment rules in securities and the investment account instructions.

The rules aim to clarify the rules regulating foreign investment in listed securities, debt instruments, and investment funds, Umm Al-Qura newspaper reported.

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Meanwhile, the investment account instructions aim to regulate the opening and operation of investment accounts by financial market institutions when providing services related to trading, management, custody, or investment through crowdfunding platforms for securities, and to define the related supervisory and regulatory rules.

Under the rules, foreign individuals and entities, whether resident or non-resident, are allowed to invest in listed securities, debt instruments, and investment funds, provided that the provisions of these rules are observed.

 

The Capital Market Authority (CMA) approved the foreign investment rules in securities and the investment account instructions.

The rules aim to clarify the rules regulating foreign investment in listed securities, debt instruments, and investment funds, Umm Al-Qura newspaper reported.

Meanwhile, the investment account instructions aim to regulate the opening and operation of investment accounts by financial market institutions when providing services related to trading, management, custody, or investment through crowdfunding platforms for securities, and to define the related supervisory and regulatory rules.

Under the rules, foreign individuals and entities, whether resident or non-resident, are allowed to invest in listed securities, debt instruments, and investment funds, provided that the provisions of these rules are observed.

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