The project included an amendment to the rules on the offering of securities and continuing commitments and a number of proposed amendments in light of the proposed amendments within the Draft to Amend the Authorized Persons Regulations previously published for public consultation, in relation to the development of customer classification categories, customer knowledge requirements, customer understanding of risks, and customer suitability , in addition to amending the requirements for the minimum amount owed by each offeree (non-investors of the category of qualified clients and institutional clients) in the limited offering, and limiting the offering of contractual unlisted securities to cases in which all those offered to them are investors of the category of qualified clients and institutional clients. or employees of the issuer or any of its affiliates.
Last Modified Date: 15/07/2021 - 2:18 PM Saudi Arabia Time