SAUDI ARABIA: The Capital Market Authority (CMA) has launched a public consultation, open until the 17th June 2026, on proposed amendments to securities business regulations to ease licensing requirements and develop IT standards in the Saudi capital market.
The proposed changes include reducing the minimum capital requirement for custody activities to SAR20 million (US$5.33 million) from SAR50 million (US$13.33 million), introducing different capital requirements for dealing activities and allowing institutions licensed solely for advisory activities to engage in other businesses subject to specified controls, among other things.
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