With the help of Allah the Almighty
We, Salman bin Abdulaziz Al-Saud,
the King of the Kingdom of Saudi Arabia,
based on article 70 of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412 [2 March 1992],
based on article 20 of the Law of the Council of Ministers issued by Royal Order O/13 dated 3 Rabi Al-Awwal 1414 [21 August 1993],
based on article 18 of the Law of the Shura Council issued by Royal Order O/91 dated 27 Sha’ban 1412 [2 March 1992],
after perusal of Shura Council Decision 83/9 dated 22 Rabi Al-Thani 1445 [6 November 2023],
and after perusal of Council of Ministers Decision 536 dated 4 Rajab 1445 [15 January 2024],
have decreed as follows
First
The Regulatory Framework for the Environmental Registration of Financial Products among Regulators of Financial Markets in the States of the Cooperation Council for the Arab States of the Gulf is hereby approved in the form attached.
Second
His Royal Highness the Prime Minister, the ministers, and the heads of independent concerned authorities—each within their area of competence—shall implement this decree of Ours.
Salman bin Abdulaziz Al-Saud
Issued on: 9/7/1445
Corresponding to: 21/1/2024
Published in Umm Al-Qura 5017 issued on 26 January 2024.