CMA Calls for Public Consultation on Proposed Licensing Amendments for Brokerage Firms

Riyadh: The Capital Market Authority (CMA) invited all stakeholders and participants in the capital market to provide their feedback on proposed amendments to the licensing requirements for brokerage firms as outlined in the Capital Market Law (CML). According to Saudi Press Agency, the amendments pertain to minimum capital requirements and the legal form that brokerage firms must adopt. The public consultation period will conclude on August 21, 2025. The CMA emphasized that all feedback will be carefully considered when finalizing the proposed amendments, which are aimed at improving the regulatory environment.