On June 4, 2025, the Capital Market Authority (CMA) of Saudi Arabia announced that TAM Capital Company has successfully completed all regulatory requirements. It will commence its licensed activities in the Kingdom’s securities sector. This approval, granted under CMA resolution dated October 21, 2024, authorizes TAM Capital to engage in:
- ✅ Managing Investments
- ✅ Operating Funds
- ✅ Arranging Activities
This milestone aligns with the Capital Market Law issued by Royal Decree No. (M/30) and its Implementing Regulations, reinforcing TAM Capital’s commitment to contributing to the Kingdom’s financial sector.
What does this mean for TAM?
TAM Capital’s licensing is a significant step in Saudi Arabia’s ongoing efforts to diversify its economy and strengthen its financial markets. By offering a broader range of financial services, TAM Capital looks to:
- ✅ Enhance Investment Opportunities: Providing investors with more options to manage and grow their assets.
- ✅ Support Economic Diversification: Aligning with Vision 2030’s goals to reduce reliance on oil revenues.
- ✅ Foster Financial Innovation: Introducing new financial products and services to the market.
Regulatory Compliance
The CMA’s rigorous licensing process ensures that financial institutions like TAM Capital adhere to the highest standards of governance and operational excellence. This includes:
- ✅ Robust Risk Management: Implementing comprehensive frameworks to mitigate financial risks.
- ✅ Transparency and Accountability: Maintaining clear reporting structures and accountability mechanisms.
- ✅ Customer Protection: Ensuring that clients’ interests remain safe through strict compliance measures.
Future Outlook
With its new license, TAM Capital aims to play a pivotal role in the evolution of Saudi Arabia’s growing financial landscape. The company’s expanded capabilities will aim to attract a wider client base. On the other hand, it will facilitate greater investment flows into the Kingdom’s capital markets.
As Saudi Arabia continues to implement its Vision 2030 initiatives, the participation of firms like TAM Capital will be crucial in achieving a diversified and resilient economy.