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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”) is 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 and the Capital Market Authority License No. 26-12163 dated 25/10/1433H (corresponding to 12/09/2012G), which authorizes TNTCoSA to managing of investment funds and client portfolios, advising and custody in the securities business. TNTCoSA’s founding shareholders are wholly owned subsidiaries of the Northern Trust Corporation. The registered office of TNTCoSA is located in Riyadh – Kingdom Tower –20th Floor, Al Urubah Road, Olaya District, P O Box 7508 – Riyadh 12214/9597.

 

Licensing and Commencement

The Company was established in the Kingdom of Saudi Arabia under Commercial Registration No. 1010366439 issued on 22/04/1434H Corresponding to 04/ 04/ 2013 by the Saudi Arabian Ministry of Commerce, authorised by the Capital Market Authority under CMA License No. 12163-26 and the started date was on 08/11/1434 H corresponding to 12/09/2013.

Licensed Securities Business

  1. Investment Management and Fund Administration
  2. Advisory
  3. Custody

 

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.