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Brief
"On "05/12/2024", the "Saudi Capital Market Authority (CMA)" issued an update regarding "The Capital Market Authority determines the end of December 2024 AD as the last date to consider the requests for the financial technology experience permit within the eighth batch ...". The CMA invites all interested parties to apply for a financial technology experience permit, provided that the submitted applications meet the necessary criteria for product qualification. The capital market authority's announcement on the eighth review comes in line with its efforts to enable regulatory framework for technological innovation in the capital market.
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