CmaBoardReleases
Title: Resolution No. (159) of 2018 Regarding Amending Some Provisions of Module Three (Enforcement of the Law) of the Executive Bylaws of Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and their Amendments
Having Perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its amendments; and
- CMA Board of Commissioners Resolution passed in its meeting No. (38) of 2018 held on 12/12/2018;
The Following Was Resolved
Article (1)
Some provisions of Module Three (Enforcement of the Law) of the Executive Bylaws of the mentioned Law are hereby amended pursuant to Annex (1) attached to this Resolution.
Article (2)
Appendix (6) of Module Three (Enforcement of the Law) of the Executive Bylaws of the mentioned Law is hereby issued pursuant to Annex (2) attached to this Resolution.
Article (3)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force starting from 2/1/2018, and it shall be published in the Official Gazette.
Prof. Ahmad A. Al-Melhem
Issued on: 25/12/2018
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