Capital Market Authority

The Capital Market Authority (CMA) is the Saudi government authority responsible for regulating and developing the Kingdom’s capital market. The Authority issues rules, regulations and instructions under the Capital Market Law to create a regulatory environment intended to support investment and increase confidence in the market. The CMA’s official website publishes official announcements, rules, prospectuses and electronic services. The website provides multiple electronic services for investors, issuers, licensed market institutions and other stakeholders, including a service to submit reports, public offering applications, start-of-operations requests, and license applications to practice capital market activities. It also publishes prospectuses for equity and sukuk issuances, regulatory announcements, and updates on licensed market institutions’ permissions. The CMA site carries news and official notices about the Authority’s decisions, approvals of offering requests, and newly adopted regulatory provisions. The site highlights investor guidance such as the need to review prospectuses and offering terms and the risks of investing without such review. The website also discloses its cookie policy and explains types of cookies and how visitors can manage them. Visitors use the site to access official electronic services, read prospectuses and reports, follow regulatory news and announcements, and submit reports or licensing requests related to capital market activities.