Saudi Exchange Complies With The IOSCO Principles For Financial Benchmarks

Saudi Exchange today announces the adoption of the International Organizations of Securities Commissions (IOSCO) Principals for Financial Benchmarks aiming to strengthen the Saudi capital market governance and transparency for all market participants.

The Exchange’s policies will comply with IOSCO’s recommended practices effective 25/1/2022
 

The Principles address conflicts of interest in the financial benchmark-setting process, increasing transparency and enhancing the reliability of benchmark determinations for market participants; which will reinforce the attractiveness of the Saudi capital market as a global investment destination.
For more information, please visit: (link to IOSCO page on Saudi Exchange website).