​​​​The Bankruptcy Commission signed an e-connectivity memorandum with the Capital Market Authority, where the agreement was signed by His Excellency the Chairman of the Bankruptcy Commission, Mr. Badr bin Abdulmohsen Al-Hadab, and Vice Chairman of the CMA Board, Mr. Yusuf bin Hamad Al-Blihid.

This memorandum aims to e-connect with CMA to inquire about the information and documents related to the application of the Bankruptcy Law, raise the quality of the information and documents related to the Bankruptcy Law's provisions, govern the right to request information and documents, contribute in reducing efforts and costs, and extending procedures to all parties.

The memorandum was signed in order to achieve the goals of digital transformation in accordance with the Kingdom's Vision 2030, and to strengthen cooperation frameworks between government agencies in areas of mutual interests through service automation.