13 Hrs
Source:
الاقتصادية
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Capital Market Authority Calls for Fund Performance Disclosures
The Saudi Capital Market Authority is working on expanding the disclosure requirements for investment funds, with the aim of enhancing transparency and enabling investors to assess sources of returns, asset quality, and associated risks more accurately. The new amendments include improved disclosure of conflicts of interest, a reduction in the disclosure threshold for transactions exceeding 5% of the fund’s net assets, and the development of real estate fund reports with more detailed data on revenues, assets, and contracts. Additionally, the amendments focus on clarifying sources of cash distributions and outlining returns from exit activities, as well as providing more precise information about the companies invested in within private equity funds. These measures are intended to boost transparency and accountability, making it easier for investors to monitor fund performance.
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