The Director of the Companies Law Project at the Ministry of Commerce and Investment, Dr. Abdullah Al-Mahmoud, confirmed that the executive regulations of the Companies Law were on their way to be issued, after two years since its issuance and six months since its implementation. issues that surfaced made the ministry, under the directive of the Minister, to wait in order to collect these issues, including the opinions of specialists and lawyers and their solutions. the opinions of specialists and lawyers and their solutions regarding them in preparation for changing some of them.
<p class="p1This came during a workshop "Notes and Suggestions on the Companies Law organized by the Riyadh Chamber, recently, represented by the Lawyers Committee, where Al-Mahmoud explained that the most prominent development that came in the new system of companies is the assignment of the task of supervision of listed companies entirely to the Capital Market Authority, indicating that this made the task of implementing the system jointly between the Ministry and the Authority.
The workshop also included discussion of a number of topics related to the new corporate system, the most important of which are corporate governance, closed and listed shareholdings, limited and joint stock companies.
The workshop also included discussion of a number of topics related to the new corporate system, most importantly corporate governance.








