CMA approves amendments to instructions for investment funds announcements

12/07/2021 Argaam

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The Capital Market Authority's (CMA) board approved amendments to the instructions for investment funds announcements.

 

The approved amendments aim to further regulate and develop the capital market, and enhance the quality of mutual funds' announcements. They also aim to specify their templates without prejudice to the Capital Market Law, Investment Funds Regulations, and Real Estate Investment Funds Regulations.

 

The CMA updated and amended these instructions in order to help investment fund managers to fully comply with the provisions of the Capital Market Law and its executive regulations. The updated instructions enhance transparency and disclosure in the stock market and to assist investors to make their investment decisions based on complete and clear information.

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