who are we
The Financial Market Institutions Committee is a committee elected by the chief executives of the financial market institutions, for one term and for a term of two years.
Roles and responsibilities
Suggesting and discussing topics of interest to the financial market institutions and studying the challenges related to them that contribute to enhancing the growth and stability of the market, offering initiatives and expressing an opinion on everything that would contribute to the development of the market.
Discussing the issues raised by the authority and expressing views on them.
Holding workshops and conferences and presenting and sharing recommendations with the authority and relevant authorities.
Contribute to holding awareness, media and advertising exhibitions for financial market institutions.
Governance of the Financial Market Institutions Committee
The Committee shall hold at least four annual meetings, in the presence of an official or officials of the Authority.
The Committee may invite persons from outside the Authority and the financial market institutions to contribute to finding solutions and reviewing opportunities for developing the financial market.
The Committee decides the dates and venues of the meetings and arranges all the matters required to hold these meetings, in coordination with the Secretary of the Committee.
The quorum for holding meetings is attended by 60% of the members or more, in the presence of the committee chairman or his deputy, and in the event of a vote, the vote of the committee chairman shall prevail.
The term of membership of the Committee is two years.
A committee member may not nominate himself for more than two consecutive terms.
The Secretary of the Committee shall prepare and send the minutes of the meeting to the members of the Main Committee and the Commission within ten working days from the date of the meeting.