24 Hrs
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مباشر
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Market Authority seeks feedback on offshore financial rules
The Saudi Capital Market Authority has issued a call to participants and stakeholders to provide their feedback on the draft regulation regarding the practice of dealing in financial markets outside the Kingdom. The consultation period lasts 30 days, ending on October 27, 2026. The project aims to strengthen the regulatory framework for the activities of financial institutions when engaging with clients in foreign markets. It includes requirements for suitability assessments for transactions conducted in foreign markets that are equivalent to the local market, with clear conditions to limit risks associated with highly leveraged trades and the mandatory deposit of at least a 50% margin. All comments will be reviewed before final regulations are approved, which are scheduled to be implemented starting November 1, 2026.
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