The Capital Market Authority's Role in Sector Oversight
The Capital Market Authority is the regulator responsible for protecting investors and ensuring market integrity, by imposing strict disclosure requirements on issuing companies and monitoring trading practices to prevent any manipulation or insider trading.
Initial Public Offering and Its Requirements
We help companies wishing to conduct an initial public offering understand and meet the Capital Market Authority's precise requirements, from preparing the prospectus to fully disclosing financial and operational risks to potential investors.
Ongoing Disclosure Obligations for Listed Companies
Listed companies are subject to ongoing disclosure obligations, such as immediately announcing any material information affecting the share price, and we help these companies design internal policies ensuring ongoing compliance with these requirements.
Issuing Islamic Sukuk
We help companies wishing to finance through issuing Sharia-compliant Islamic sukuk structure this issuance to meet Sharia and regulatory requirements together, a growing financing path in the Saudi market.
Protecting Investors From Insider Trading
We help companies establish strict internal policies preventing their employees or insiders from trading based on material information not disclosed to the public, a violation carrying severe penalties under capital market regulations.
Investor Disputes With Issuing Companies
We represent investors harmed by inadequate or misleading disclosure from an issuing company, and help them claim compensation for damages resulting from this breach of disclosure obligations.
Mergers and Acquisitions for Listed Companies
Merger and acquisition deals involving listed companies are subject to special additional disclosure requirements, and we help parties understand and comply with these requirements throughout the deal's stages.
Institutional Investment and Investment Funds
We help investment funds and institutional investors understand the regulatory framework specific to their investments, including licensing and disclosure requirements specific to this type of investment.
Listed Company Governance and the Audit Committee
We help listed companies meet the additional governance requirements imposed on them, including forming an independent audit committee and defining its authority in compliance with Capital Market Authority regulations.
How We Start With You
Send us your capital market activity details, whether you're a company planning an issuance or an investor needing to understand your legal position, on WhatsApp. We help you fully comply with Capital Market Authority requirements.
Frequently Asked Questions
We're planning to take our company public. What are the most important Capital Market Authority requirements to meet?
Full disclosure of financial and operational risks in the prospectus matters most, and we help you prepare this prospectus meeting all precise requirements.
Our company is listed. What ongoing disclosure obligations must we comply with?
You must immediately announce any material information affecting the share price, and we help you design an internal policy ensuring ongoing compliance with this requirement.
We want financing through issuing Islamic sukuk. How do we ensure compliance with both Sharia and regulations?
We help you structure the issuance in coordination with an approved Sharia body, meeting Sharia and regulatory requirements simultaneously.
One of our employees holds undisclosed material information. What are our obligations to prevent trading based on it?
We help you establish a strict internal policy preventing this trading, since this is a violation carrying severe penalties under capital market regulations.
We invested based on inaccurate information from an issuing company. Can we claim compensation?
Yes, we help you claim compensation for damages resulting from this breach of proper disclosure obligations.
We're planning an acquisition deal for a listed company. Do disclosure requirements differ from a non-listed company?
Yes, listed companies are subject to special additional disclosure requirements, and we help you comply with them throughout the deal's stages.
Our company was recently listed. What additional governance requirements must we meet as a listed company?
Forming an independent audit committee is among the most important of these requirements, and we help you define its authority in compliance with Capital Market Authority regulations.