CmaBoardReleases
Title: Resolution No. (130) of 2024 Regarding the Correction of the Error in Resolution No. (128) of 2024 Regarding Amending Certain Provisions of the Pledge of Securities
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. (128) of 2024 Regarding Amending Certain Provisions of the Pledge of Securities issued on 23/09/2024; and
- CMA Board of Commissioners Resolution passed in its meeting No. (31) of 2024 held on 25/09/2024.
The Following Was Resolved
Article (1)
Article (9-14) of Module Eleven (Dealing in Securities) 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 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.
Prof. Ahmad Al-Melhem
Issued on: 29/09/2024.
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