Riyadh – Mubasher: The board of Saudi Arabia’s Capital Market Authority (CMA) approved amendments to regulations of investment funds after publishing them on CMA’s official.
The authority said that it considered all proposals and observations it had received from investors and, concerned parties and specialists.
The regulations, effective as of 11 June, aim to regulate the establishment, registration, offering and management of investment funds and associated activities in the Kingdom, according to a statement released on Wednesday.
