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The CMA Calls for Public Consultation on the Draft Amendment to Article Five and Article Eighteen of the Capital Market Law

Publishing Date:21/04/2026  

The Capital Market Authority (CMA) called upon relevant and interested persons participating in the capital market to share their feedback on the Draft Amendment to Article Five and Article Eighteen of the Capital Market Law. The consultation period will last for 30 calendar days, ending on 04/12/1447H, corresponding to 21/05/2026.

The proposed Draft aims to enhance international cooperation between the CMA and its foreign counterpart authorities, in line with international best practices, in a manner that enhances confidence in the capital market.

The CMA emphasized that the comments of relevant and interested persons, including individuals, government entities, the private sector, and CMA's supervised entities, shall be taken into full consideration for the purpose of approving the final proposed Draft, which in turn shall contribute to the aim of enhancing and developing the regulatory environment.

Opinions and comments can be received through any of the following:

·The Unified Electronic Platform for Consulting the Public and Government Entities (Public Consultation Platform), affiliated with the Saudi Competitiveness & Business Center through the following link: istitlaa.ncc.gov.sa

·The prescribed form through the following email: Laws.Regulations@cma.org.sa

The Draft can be reviewed through the following link:

The Draft Amendment to the Capital Market Law

Prescribed form for providing comments​

Last modified date:21/04/2026 - 01:16 PM Saudi Arabia time
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