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Bankruptcy Commission conducts an information session about the new Bankruptcy Law for members of Capital Market Authority in order to increase awareness of the Law


News Date : 11/2/2018

On Thursday 23/3/1440 A.H., the Bankruptcy Commission conducted an information session to increase awareness of the new Bankruptcy Law and its Implementing Regulations for the members of Capital Market’s Authority in its main office in Riyadh.

The meeting was attended by representatives of the Authority. The representatives from the Bankruptcy Commission spoke about the Commission’s role in reinforcing the Bankruptcy Law in order to ac​hieve confidence and transparency in bankruptcy procedures. The meeting aimed at introducing the new Law to the Authority’s members and point out its seven Procedures, benefits, and the way to guide beneficiaries and small business entrepreneurs through its different filing procedures.

This meeting is one of the Commission’s initiatives to increase awareness about the new Law, particularly among sectors that contribute to its implementation.​