The rollout of new regulations in the capital markets is set to unfold in a phased approach, with significant changes anticipated in the coming years. These updates aim to enhance the regulatory framework and improve market integrity. The analytical report published in the material substantiates the following: these changes are expected to foster greater transparency and investor confidence.
Immediate Effect of Capital Markets Act Revisions
The revisions to the Capital Markets Act will take effect immediately upon their publication, which is expected in January 2026. This initial phase will lay the groundwork for subsequent regulatory changes aimed at modernizing the investment landscape.
Introduction of Investment Solicitation Guidelines
Following this, investment solicitation guidelines are slated to be introduced six months later, providing clearer frameworks for how investments can be marketed and solicited.
Provisions for Over-the-Counter Trading
Additionally, provisions governing over-the-counter (OTC) trading are expected to come into force approximately one year after the initial publication, around January 2027, further refining the trading environment.
Recently, the Capital Market Authority of Saudi Arabia announced plans to open its financial markets to all foreign investors starting February 1, 2026, a significant shift from the current regulations. For more details, see read more.
