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Title: Resolution No. (163) of 2024 Regarding the Renewal of the Securities Activities License for Rasmeel Investment Company
Date Publish
22 December 2024
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto, and
- The securities activities license certificate for Rasmeel Investment Company No. (AP/2016/0005) issued on 15/03/2022, and
- The application of Rasmeel Investment Company to renew the securities activities license with the CMA, and
- Based on Resolution No. (24) of 2023 regarding the amendment of the approval authorizations for the Supervision Sector's procedures, issued on 12/02/2023.
The Following Was Resolved:
Article (1)
The securities activities license of Rasmeel Investment Company with the CMA is hereby renewed for practicing the following activities:
- Investment Portfolio Manager.
- Investment Advisor.
- Collective Investment Scheme Manager.
- Subscription Agent.
The license is valid for three renewable years, after paying the prescribed fees, starting from 14/03/2025.
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.
Zeyad Al-Fulaij
Head of Supervision Sector
Issued on: 22/12/2024.
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
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