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CMA LAW: Resolution No. (108) of 2024 Regarding the Renewal of the Securities Activities License for Ahli Capital Investment Company
Date Publish
25 August 2024
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto, and
- The securities activities license certificate for Ahli Capital Investment Company No. (AP/2015/0035) issued on 12/11/2021, and
- The application of Ahli Capital Investment Company to renew the securities activities license with the CMA, and
- Based on Resolution No. (24) of 2023 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/02/2023.
The Following Was Resolved:
Article (1)
The securities activities license for Ahli Capital Investment Company with the Capital Markets Authority is hereby renewed to practice the following activities:
- Investment Portfolio Manager.
- Investment Advisor.
- Custodian.
- Investment Controller.
- Collective Investment Scheme Manager.
- Subscription Agent
This license is valid for a period of three years, renewable, starting from 12/11/2024.
Article (2)
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.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 25/08/2024.
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