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The Capital Market Law
Current Provision
Proposed Amendments
Article Five:
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c. For the purpose of conducting all investigations which, in the opinion of the Board, are necessary for the enforcement of the provisions of this Law and other regulations and rules issued pursuant to this Law, the members of the Authority and its employees designated by the Board are empowered to subpoena witnesses, take evidence, and require the production of any books, papers, or other documents which the Authority deems relevant or material to its investigation.
d) The Authority may provide assistance to, and share information with, a foreign counterpart authority upon receiving a request from it in connection with its investigation of a violation of a foreign law that it is responsible for enforcing, in a manner that does not prejudice the principle of reciprocity or the national security of the Kingdom. For the purposes of implementing the provisions of this paragraph, the Authority shall have the investigation and inspection powers set out in paragraph (c) of this Article, whether or not such violation constitutes a breach of the provisions of this Law.
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Article Eighteen:
Government agencies and other persons must provide the Authority with the documents and information it requires for the purposes of carrying out its duties in accordance with the provisions of this Law.
Government agencies and other persons must provide the Authority with the documents and information it requires for the purposes of carrying out its duties or for the purpose of providing assistance upon the request of a foreign counterpart authority in accordance with the provisions of this Law.
Last update: 14 April 2026
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Disclaimer: Translation into other languages depends on the Google translation, Therefor the SCBC is not responsible for the accuracy of the information in the new language.