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The Northern Trust Company of Saudi Arabia

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Regulatory Information


About The Northern Trust Company Saudi Arabia (“TNTCoSA”)

The Northern Trust Company of Saudi Arabia (TNTCoSA) was established in 2013 as a Saudi Closed Joint Stock Company with paid up capital of SAR52 million. TNTCoSA operates under Commercial Registration No. 1010366439 issued on 22/04/1434H (corresponding to 04/03/2013G) by the Saudi Arabian Ministry of Commerce.

TNTCoSA is licensed and regulated by the Saudi Arabian Capital Market Authority (CMA) under license no. 26-12163 dated 25/10/1433H (corresponding to 12/09/2012G), to conduct the following business activities: Custody, Advising and Managing Investments and Operating Funds. TNTCoSA start commencing the business on 08/11/1434H (corresponding to 12/09/2013G)

TNTCoSA ’s founding shareholders are wholly owned subsidiaries of the Northern Trust Corporation. The registered office of TNTCoSA is located at Kingdom Tower, 20th Floor, Al Urubah Road, Olaya District, PO Box 7508 – Riyadh 12214/9597, Kingdom of Saudi Arabia

Licensing and Commencement

The Northern Trust Company of Saudi Arabia (TNTCoSA) was established in the Kingdom of Saudi Arabia under Commercial Registration No. 1010366439 issued on 22/04/1434H (corresponding to 04/03/2013G) by the Saudi Arabian Ministry of Commerce.

TNTCoSA is licensed and regulated by the Saudi Arabian Capital Market Authority (CMA) license no. 12163-26. TNTCoSA start commencing the business on 08/11/1434H (corresponding to 12/09/2013G)

Northern Trust has established its Regional Headquarters in Riyadh, Saudi Arabia in 2023, operating under a MISA (Ministry of Investment) license number (1011134410205916) to serve businesses across the MENA region. This strategic expansion reinforces our commitment to supporting our clients and the region’s economic growth with world-class financial services and expertise in the MENA region’s markets.

Licensed Securities Business

  1. Advising
  2. Custody
  3. Managing Investments and Operating Funds

 

Paid-up Capital

Capital of SAR 52 million.

 

Direct Controllers/Shareholders

Northern Trust Company Saudi Arabia is a fully owned subsidiary of the Northern Trust Corporation.

Please click here to view the Direct Controller Ownership and Structure.

 

Products and Services

Northern Trust Corporation is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.

The Northern Trust Company of Saudi Arabia provides global custody, asset management and advisory services to clients in the Kingdom of Saudi Arabia.

 

Organisation Chart

Please click here to view the TNTCoSA org. chart.

 

List of Global Financial Markets and Exchanges

The Northern Trust Company Saudi Arabia works as a local and international custodian.

 

Handling Your Complaint

 

  • Upon receiving a Complaint, we will acknowledge your matter as soon as possible, but no later than five calendar days
  • We will keep you informed of the progress of your Complaint, proposed actions and the expected timeframe for resolution
  • Our aim is to resolve complaints in a timely manner. However, certain complex Complaints may take longer, and in these cases, we will regularly update you on the progress and the likely timeframe for resolution.
  • We will advise you of the outcome of your complaint..
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    Clients Complaints

    For any complaints, please contact us through the below email address: compliance_ksa@ntrs.com