George Richani-CEO-Al Ahli Bank of Kuwait

Air of authority: A look at the measures taken to improve corporate governance and disclosure standards

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Since its formation in July 2004, the Capital Market Authority (CMA) has taken various measures to improve corporate governance and disclosure standards for Saudi Arabian public companies, which has also resulted in the improvement of such standards among private companies that may seek to be publicly listed in the future. Preparing The Ground The CMA adopted the Corporate Governance Regulations in November 2006, and since then through a series of board resolutions has made more and more of its rules binding. In addition to being

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