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Title: The Capital Markets Authority Announces Filing a Report with the Prosecutor General Regarding the Occurrence of Crime
Date Publish
15 February 2024
The Capital Markets Authority announces filing a report with the Prosecutor General on 14/02/2024 regarding the occurrence of the crime stipulated in Item (1) of Article (127) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and amendments thereto. This is due to the failure of the defendant (a listed Company) to enable the CMA’s employees to access data and information deemed necessary by the CMA. The defendant failed to provide the CMA with the nature of intercompany transactions that took place between the defendant and an associate company and their details, as well as not providing the CMA with a copy of the settlement agreement that took place between the defendant and the associate company.
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
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