23 Hrs
Source:
الاقتصادية
Saudi Shura Council urges CMA to oversee listed firms
The Saudi Shura Council discussed the performance of the Capital Market Authority during its session. Some members praised its regulatory efforts, while others called for enhanced transparency through collaboration with external auditors, reviewing methods for valuing and pricing stocks, and analyzing the gap between initial offering prices and subsequent performance. The council also recommended increasing oversight of listed companies to improve investor protection and strengthen market confidence. Additionally, it suggested studying regulatory tools to enhance pricing efficiency and the transparency of financial disclosures.
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