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Title: Resolution No. (114) of 2019 Regarding the Addition of a Fee to the Fees Schedule
Date Publish
17 July 2019
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
- Resolution No. (9) of 2016 Regarding Issuance of Fees Schedule; and
- CMA Board of Commissioners Resolution passed in its meeting No. (20) of 2019 held on 27/06/2019.
The Following Was Resolved
Article (1)
License renewal fee for the activity of a Securities Exchange is hereby added to the Fees Schedule issued by Resolution No. (9) of 2016 as follows:
|
Sr. |
Service |
Fee Amount (KD) |
Maturity |
|
40 |
Securities Exchange License Application |
KD 1,000 |
Upon submitting the application and upon renewal every 3 years |
|
KD One Million |
Upon licensing |
||
|
3% of the total of the different trading commissions in the market |
Payable annually at the end of the financial year |
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.
Prof. Ahmad A. Al-Melhem
Issued on: 17/07/2019
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