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Title: Circular No. (03) of 2025 Regarding Decree-Law. No. 6 of 2024 Concerning the Exchange of Information for Tax Purposes and its Executive Bylaws Issued Pursuant to the Ministerial Resolution No. (75) of 2024
Date Publish
06 February 2025
In light of the issuance of Decree-Law. No. 6 of 2024 Concerning the Exchange of Information for Tax Purposes and its Executive Bylaws issued pursuant to the Ministerial Resolution No. (75) of 2024, the Capital Markets Authority (CMA) draws the attention, of all licensed persons by the CMA to practice securities activities that are responsible for reporting, to the importance of complying with the provisions stipulated in the aforementioned Decree-Law and its Executive Bylaws. It also draws the attention to the agreements of exchange of information for tax purposes, ministerial resolutions, instructions, and circulars issued thereon, and the importance of submitting the mentioned reports in accordance with the specified time and mechanism.
The CMA has the right to take the necessary measures and notify the competent authority in the event of violation of the licensed persons subject to its supervision to any of those provisions.
Prof. Ahmad Al-Melhem
Issued on: 06/02/2025.
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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