QFI
Key Framework Features:
Facilitating the QFI Framework:
Enforcing Foreign Ownership Limits | Reporting Foreign Ownership Headroom | ||||
---|---|---|---|---|---|
Limits Applicable On | Enforcement Mechanism | Venue | Frequency | Timing | |
Restricted Stocks | All Non-Saudis | Systematically Enforced | Exchange Website | Static Entry
Zero Headroom |
Post Market |
10% or more Individual QFI Limit | QFIs |
Systematically Enforced Limited to QFIs |
Reported if Major Shareholders | Triggered Event | Post Market |
49% Aggregate Foreign Limit | All Non-Saudis (Ex GCC)
Includes Swap Holdings |
Systematically Enforced | Exchange Website | Daily | Post Market |
General Investor Restrictions (Regulator / Bylaws) | All Investors | Not Systematically Enforced | Exchange Website | When Limit Changed | Post Market |
QFI Rules:
The Rules for Qualified Foreign Financial Institutions Investments in Listed Shares can be viewed under the following link.
The FAQ’s published by the CMA can be found under the following link.