The Saudi Stock Exchange Becomes an Affiliated Member to IOSCO Strengthening International Links

The Saudi Stock Exchange Becomes an Affiliated Member to IOSCO Strengthening International Links

Effective May 20th, 2014 the Saudi Stock Exchange (Tadawul) was granted Affiliate Membership with the International Organization of Securities Commissions (IOSCO), an international body that promotes high standards amongst regulators and leading stock exchanges around the world.

Mr. Adel Al-Ghamdi, CEO of the Saudi Stock Exchange, stated: "The Exchange’s membership to the International Organization of Securities Commissions is one of various steps we are taking to create an effective communication framework with market regulators and other leading exchanges around the world. We expect our membership to support in the development our capital market within the context of the ever evolving local and global regulatory environments”.

The Saudi Stock Exchange joins 62 other affiliate members of IOSCO including the New York Stock Exchange, the London Stock Exchange, Deutsche Börse, the Japan Exchange Group, and Bursa Malaysia, amongst others.

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