Al-Sadiri discusses redefining market roles
Mazen Al-Sudairy, Chairman of the Capital Market Authority, stated that the authority is working on redefining the responsibilities of the parties involved in initial public offerings (IPOs) in the Saudi market, aiming to improve the quality of offerings and strengthen the accountability of relevant entities. He explained that the authority has conducted studies on previous offerings to address aspects that need development, and it is striving to restore confidence in the IPO market through flexible regulatory adjustments to achieve a balance between investor protection and enabling companies to access the market.
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