The Securities Clearing Center Company (“Muqassa”) announces its compliance with the Principles for Financial Market Infrastructures PFMIs

The Securities Clearing Center Company (“Muqassa”) is pleased to announce its compliance with the Principles for Financial Market Infrastructures that were conducted by Thomas Murray in the CPMI-IOSCO self-assessment in the context of best global practices for both cash and derivatives markets, in addition to the REPO clearing service.

This comes as part of the Kingdom of Saudi Arabia’s efforts to comply with mandates set by    G-20 authorities.