The Securities Depository Center Company (Edaa) announces the approval of the amended Securities Depository Center Rules and Procedures, along with the amendment of the Glossary of Defined Terms Used in the Exchange Rules, related to the Omnibus Account framework for tradable securities.

The Securities Depository Centre Company (Edaa) announces the issuance of the Capital Market Authority Board resolution dated 28/11/1446H corresponding to 26/05/2025G approving the following:
• The amended Securities Depository Centre Rules (Click here).
• The amended Glossary of Defined Terms Used in the Exchange Rules (Click here).
And the issuance of its Board resolution dated 14/11/1446H corresponding to 12/05/2025G approving the following:
•  The amended Depository Centre Procedures (Click here).
The Amendments to the Securities Depository Centre Rules and Procedures and the Glossary of Defined Terms used in the Exchange Rules aimed to enhance the capital market by regulating and introducing Omnibus Accounts for tradable securities for asset managers, while also clarifying the operational mechanisms for such accounts.

It should be noted that the amended Rules, Procedures and Glossary shall be effective starting from its publishing date.