Saudi Arabia: International Central Securities Depositories Instructions Approved

Saudi Arabia: International Central Securities Depositories Instructions Approved News developments

Saudi Arabia: International Central Securities Depositories Instructions Approved

Arab News, 7 May 2021: Saudi Arabia’s Capital Market Authority has announced International Central Securities Depositories Instructions have been approved.

They came into force on 6 May 2021.

The instructions regulate the linkage application process and its conditions, related Depository Centre accounts and additional general provisions.

Also reported in Al Madina on 8 May 2021. Full story available here.

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Marlé Van Sandwyk