The Capital Market Authority (CMA), represented by the deputy of market institutions, conducted a workshop to highlight the violating acts in the Saudi capital market.

It also explained the mechanism to monitor the trading in the capital market as well as the role of authorized persons (APs) in this regard.

The workshop was held at CMA's head office in Riyadh and was attended by representatives from the compliance and brokerage departments of APs (financial institutions licensed by CMA to operate in the capital market).

An introductory video on SMARTS, the CMA's surveillance system, was presented with an explanation of the acts that violate the Capital Market Law and its implementing regulations.

In addition, the workshop focused on the APs’ role in complying with the rules and regulations. It was an interactive and conductive session that covered technical and financial aspects.

This workshop is part of CMA's efforts to achieve its strategic objective to protect investors by increasing the level of investment awareness as well as the level of compliance with the Capital Market Law and its implementing regulations.

The authority will conduct similar sessions and workshops for APs in the next two months.