Saudi CMA proposes tighter fund disclosures on payouts, assets and risks 

RIYADH: Saudi Arabia’s investment funds would need to disclose more details on payouts, holdings and property revenues under proposals aimed at improving transparency across the sector. The Capital Market Authority is considering requiring funds to explain the sources of cash distributions, including income from investments and capital gains realized through asset sales. Quarterly statements would detail funds’ 10 largest investments, identifying asset types, counterparties and each holding’s sh