Act 2024
مرسوم سلطاني رقم 20/2024 بإنشاء هيئة الخدمات المالية وإصدار نظامها (Royal Decree 20/2024 Establishing the Financial Services Authority and Promulgating its System)
Issued by Financial Services Authority
Effective: 25 Mar 2024
Plain-English summary
Establishes the Financial Services Authority with legal personality and financial and administrative independence, attached to the Council of Ministers. Transfers the Capital Market Authority's assets, rights, obligations and staff to it and moves regulation of accounting and auditing from the Ministry of Commerce, Industry and Investment Promotion. Issued 25 March 2024 and published in Official Gazette 1539 on 31 March 2024.
Who it applies to
Insurance · Capital Markets
Topics
Corporate Governance Market Integrity & Securities Insurance & Pensions
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