Market Authority seeks input on foreign market rules

The Saudi Capital Market Authority has issued a call to interested parties and market participants to provide their opinions on the draft regulation for practicing the activity of dealing in financial markets outside the Kingdom. The consultation period lasts for 30 days, ending on October 27, 2026. The initiative aims to enhance supervision over the activities of financial institutions when dealing with clients in foreign markets. It includes suitability requirements that obligate institutions to assess clients before engaging in transactions and to monitor them regularly, especially for deals involving financial instruments in foreign markets that are equivalent to the main market. The regulation also sets controls to ensure client protection and risk reduction, particularly concerning margin coverage and leverage. All feedback received will be reviewed before final regulations are adopted, which are set to come into effect on November 1, 2026.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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