- The Financial Academy (TFA) held today (Monday) a high-profile meeting with the Venture Capital and Private Equity Association to discuss major regulatory developments in the Saudi financial market. Attending the meeting were H.E. Mr. Mohammed ElKuwaiz, Chairman of the Capital Market Authority (CMA), Dr. Nabeel Koshak, Chairman of Saudi Venture Capital and Private Equity Association, numerous Association members and industry stakeholders.

In addition to considering the impacts of regulatory updates in terms of developing the financial market and increasing its attraction for investors, the meeting addressed key challenges, opportunities and growth potential in venture capital and private equity sector. Regulators’ role in driving innovation and investment, as well as ways to foster Public-Private Partnerships (PPPs) were discussed too.

The meeting is a continuation of TFA’s endeavors to enhance communication and integration with different components of the financial sector, transfer knowledge, and share experiences among executive leaders and practitioners in the market.

The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector’s human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.