IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 Mar 2011 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

The Central Market Authority of Saudi Arabia on 18 October 2011, announced to the World Trade Organization that as of 16 March 2011 for the very first time, Authorized Persons will be allowed to enter into swap agreements with foreigners that are not residing within the Saudi jurisdiction. Foreigners can thus now enjoy indirect access to the Saudi stock exchange.

The term "Authorised Persons" refers to Saudi legal persons authorised by the Central Market Authority to operate in the national capital market.

AFFECTED COUNTRIES

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