STAT is pleased to announce its ongoing contribution to the development of Saudi Arabia’s financial markets through its involvement in drafting the Capital Market Authority’s (CMA) new Close-out Netting and Related Collateral Arrangements Regulation. This regulation represents a critical enhancement of the Kingdom’s capital markets infrastructure, aligning with Vision 2030 and modernizing the legal framework for complex financial transactions.

Building on our prior work with the Saudi Central Bank – SAMA in drafting SAMA’s Close-out Netting and Related Collateral Arrangements Regulation, STAT has provided significant legal insight and support in relation to the CMA’s initiative. The CMA’s regulation reinforces legal certainty for derivatives, repo and securities lending transactions, ensuring Saudi Arabia’s framework aligns with international best practices and fostering market confidence.

This initiative was spearheaded by Partners Zeyad Y. AlSalloum and Faris Al Amoudi.
Partner Faris Al Amoudi commented: “The CMA’s Netting Regulation is an important step in solidifying Saudi Arabia’s legal infrastructure for sophisticated financial transactions. When combined with the earlier SAMA regulation, these reforms create a robust framework that fosters market confidence and international participation. Our ongoing work on industry legal opinions further supports this vision, enabling market participants to operate in Saudi Arabia with the clarity and security they expect in global markets.”
Commenting on the publication, Partner Zeyad Y. AlSalloum noted: “The CMA’s Netting Regulation is a crucial complement to SAMA’s earlier framework, creating a robust legal framework for financial markets in Saudi Arabia. Together, these initiatives enhance legal certainty and risk management, supporting Vision 2030’s ambition of positioning the Kingdom as a leading global financial hub. We’re proud to contribute to these regulatory milestones and to support the global market through our forthcoming industry opinions.”

STAT remains committed to contributing to Saudi Arabia’s financial sector transformation, providing legal expertise that supports both regulatory progress and the Kingdom’s broader economic goals.