Sweden is one of the top ranked countries worldwide when it comes to good corporate governance and is especially noted for its excellent transparency record. Sweden has a unique experience in this area due to the characteristics of the Scandinavian countries which are shown in the disciplinary elements of the market.

The Capital Market Authority’s function is to regulate and develop the Saudi Arabian Capital market and one of its goals in Saudi Arabia is to raise awareness among the public, companies, stakeholders and creditors about financial markets transparency and the regulatory frameworks that govern them.

The symposium aims to educate stakeholders and those interested in corporate governance’s sound practices to become acquainted with Swedish experiences. During the symposium, prominent business leaders from both Saudi Arabia and Sweden will put forward and discuss their views and best practices when it comes to corporate governance.

In addition, the symposium aims at discussing and exchanging ideas about the most important challenges facing regional and local companies with regards to corporate governance. A number of issues will be emphasized during the symposium such as the board members’ role and responsibilities, governance in family businesses, the legislative frameworks and its applications, as well as the role of audit committees and their future responsibilities.