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Capital Market Authority (Saudi Arabia)

For other uses, see Capital Market Authority.
Capital Market Authority (CMA)
هيئة السوق المالية
Agency overview
FormedJuly 2003 (2003-07)
JurisdictionThe Kingdom of Saudi Arabia
HeadquartersRiyadh, Saudi Arabia
Agency executive
  • Mohammed A. El-Kuwaiz, Chairman
Websitewww.cma.org.sa

The Capital Market Authority (CMA; Arabic: هيئة السوق المالية) is the Saudi governments financial regulatory authority responsible for capital markets in Saudi Arabia. The CMA is a government organization applying full financial, legal, and administrative independence, and has direct links with the Prime Minister. Its responsibilities include setting and policing financial rules and regulations and developing the capital markets, this includes regulating the Tadawul, Saudi Arabia's stock exchange. CMA is the first government authority to receive accreditation in institutional structure maturity from the National Enterprises Architecture (NEA) of the e-Government Program Yesser.[1]

  1. ^ "Saudi financial authority becomes 1st govt agency to obtain accreditation in institutional structure maturity". Arab News. 2018-10-29. Retrieved 2019-02-10.

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