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Title: Resolution No. (54) of 2025 Regarding Excluding the Insurance Products from the Collective Investment Schemes
Date Publish
02 April 2025
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- CMA Board of Commissioners Resolution No. (C.B.C. 8-9 of 2025) passed in its meeting No. (9) of 2025 held on 26/03/2025.
The Following Was Resolved
Article (1)
Article (1-1-2) of Module Thirteen (Collective Investment Schemes) of the Executive Bylaws of the Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their amendments is hereby amended pursuant to Annex 1 attached to this Resolution.
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.
Othman I. Al-Issa
Acting Managing Director
Issued on: 02/04/2025
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