As securities lending transaction volumes in Saudi Arabia continue to reach new highs, the nuances of the region’s operational landscape have become increasingly prominent. To address some of these market challenges, we would like to launch a new Saudi Arabia Operations Sub-Group under the umbrella of the Developing Markets Working Group.
Purpose & Focus:
The primary objective of this sub-group is to delve into the practical operational challenges in Saudi Arabia. To ensure we remain effective and targeted, please note the following:
- This group is strictly focused on post-trade, settlement, and lifecycle nuances. Regulatory policy discussions will remain within the scope of our main working group.
- We are looking for active contributors. We invite expressions of interest from subject matter experts who are ready to share insights, problem-solve, and help shape industry best practices.
- Our goal is to work through these challenges collectively and, where necessary, formulate formal recommendations to the Edaa to improve market efficiency.
- While the sub-group will handle the granular technical work, all outputs and recommendations will be shared with the wider Developing Markets Working Group to ensure broad alignment and visibility.
Frequency: As required.
Requirement: Member firms can apply to join the group. If you hold responsibility for or have an interest in the practical operational challenges in Saudi Arabia, or would like to nominate a representative, please contact Farrah Mahmood, Head of Advocacy, Public Policy & Regulatory Strategy.
Regular attendance and active participation in relevant meetings are a prerequisite (ISLA reserves the right to modify attendance based on the current composition).
