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Assets under management by CMA-approved institutions rise by 8% to reach $201bn in Q2

RIYADH: Assets under management by institutions licensed by Saudi Arabia’s Capital Market Authority increased by 8 percent to reach SR757 billion ($201 billion) by the end of the second quarter compared to SR703 billion during the same period in 2021, said a report. The report issued by the Capital Market Authority provides detailed data on the entities that are subject to the
Saudi Arabia Ar Riya Fintech Expermit Saudi Arabia Capital Market Authority Financial Technology Experimental Permit Fintech Expermit Capital Market Authority

The Saudi Arabia Capital Market Authority (CMA) Grants A Financial Technology Experimental Permit (FinTech ExPermit) To Sarwa To Experiment Robo-Advisory Service

The Saudi Arabia Capital Market Authority (CMA) Grants A Financial Technology Experimental Permit (FinTech ExPermit) To Sarwa To Experiment Robo-Advisory Service Date 06/01/2021 Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 2/6/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is conducive for the innovation of Financial Technology (FinTech) in the capi...
Saudi Arabia Saudi Arabia Capital Market Authority Sarwaa Financial Technology Experimental Permit Expermit Financial Technology Experimental Permit Instructions Financial Technology Fintech Advisory Services

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