Capital Market Authority (CMA)

The Capital Market Authority (CMA) is the Saudi Arabian government agency responsible for regulating and developing the Kingdom's capital markets, including the Tadawul stock exchange. The CMA issues regulations on securities offerings, corporate governance, market conduct, investment funds, and fintech licensing. Under Vision 2030, the CMA has introduced sweeping reforms to attract foreign investment, enable IPOs, and develop Saudi Arabia into a leading global financial center. The authority employs legal professionals specializing in securities regulation, enforcement, market surveillance, and international cooperation with financial regulators worldwide.