In Corporate Governance Saudi Arabia: A New dawn for Saudi Arabia’s Capital Markets – The commencement of Muqassa’s operations and implications for market participants October 29, 2020 by Robert Eastwood, Nicholas Church and Sana Sheikh 2 Mins Read Some two years since its establishment in 2018 and just months after the issue of its license in January this year, Securities Clearing Center Company (“Muqassa”) announced the commencement of its operations on 30 August 2020.