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Saudi Organization for Chartered and Professional Accountants (SOCPA) · Press Release

Request for Comments on the Draft Regulation of the Non-Securities Financial Advisory Profession

طلب إبداء المرئيات حول مشروع تنظيم مهنة الاستشارات المالية لغير الأوراق المالية

No action neededAwareness

The Saudi Organization for Chartered and Professional Accountants (SOCPA) launched a draft regulation for the non-securities financial advisory profession via the "Istitlaa" platform of the National Competitiveness Center, inviting public comments before final approval. SOCPA CEO Ahmed Almughamis said the draft aims to regulate the profession, set licensing conditions, and protect beneficiaries of financial advisory services. The Authority invited individuals, institutions, and experts to review the draft and submit their views no later than August 15, 2025.

PublishedJuly 28, 2025
Effective
GazetteGazetted ✓ · UQN 20260130 · January 30, 2026
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