23 Hrs
Source:
البلاد
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New rules for foreign financial markets
The regulatory regulations proposed by the Capital Market Authority focus on regulating the activities of financial institutions when dealing with foreign markets, with the aim of protecting investors and enhancing transparency and governance. The provisions include suitability requirements related to risk assessment and ensuring that clients understand the potential nature of the transactions, especially in equivalent foreign markets or listed debt instruments, based on internationally accepted practices. They also address the regulation of procedures for lending foreign securities and the risk management controls related to margin transactions, including a collateral margin requirement of at least 50% and a ban on dealing in certain high-risk instruments, with ongoing monitoring by financial institutions. The regulations stipulate that these requirements will be implemented for new transactions starting November 1, 2026, while existing transactions will be aligned to ensure they do not affect current investment positions.
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