Capital Market Authority (Saudi Arabia)

Capital Market Authority (Saudi Arabia)

The Capital Market Authority (CMA) (Arabic: هيئة السوق المالية‎) is the Saudi Arabian government organization responsible for regulating the Saudi Arabian capital markets. It has financial, legal and administrative independence and reports directly to the Prime Minister. Its responsibilities include setting rules and regulations, making sure they are followed, operating a committee to settle disputes and developing the capital markets in Saudi Arabia. Its role also includes regulating the Saudi Stock Exchange (Tadawul).

Read more about Capital Market Authority (Saudi Arabia):  History, Responsibilities and Functions, Capital Market Law, Implementing Regulations, General Securities Qualification CME-1

Famous quotes containing the words capital, market and/or authority:

    “That monstrous tuberosity of civilised life, the capital of England.”
    —Thomas Carlyle (1795–1881)

    “Today the tyrant rules not by club or fist, but, disguised as a market researcher, he shepherds his flocks in the ways of utility and comfort.”
    —Marshall McLuhan (1911–1980)

    “Does it follow that I reject all authority? Perish the thought. In the matter of boots, I defer to the authority of the bootmaker.”
    —Mikhail Bakunin (1814–1876)