Governance
Franklin Templeton Financial Company (the “Company”) is a single shareholder closed joint stock company established under the Companies law in the Kingdom of Saudi Arabia. The Company operates under Commercial Registration number 1010936211 and unified number 7036955537 issued in Riyadh on Rab. I 26, 1445H corresponding to 11 October, 2023, Ministry of Investment of Saudi Arabia (“MISA”) license number 102114408191819 dated Shbn 3, 1444H corresponding to 23 February 2023 and the initial Capital Market Authority (“CMA”) license No. 23265-22 dated Mhrm 6, 1445H corresponding to 24 July, 2023. The Company received CMA approval to commence operations for 'Managing Investments and Operating Funds’ and ‘Advising’ on 20 March, 2024.
The Company is a direct and wholly owned subsidiary of Franklin Templeton Holding (Cayman) Ltd. The Company currently has paid up share capital of SAR 30,000,000. The Company does not have any subsidiaries and does not own or control any other company. The Company is located in Unit 209, Rubeen Plaza, Nortern Ring Rd, Hittin District 13512, Riyadh, Saudi Arabia.
The Company aims to always provide the highest possible standards of care and service, but we acknowledge that there may be times when we may not get it right. The Company is committed to delivering exceptional client service including resolution of client complaints in a fair and equitable manner; clients can file complaints free of charge. The handling of complaints is a high priority in every instance with the aim of prompt resolution. Complaints are opportunities to improve the quality of services. All complaints will be handled in accordance with applicable regulations and the Company's complaints handling procedures.
Please contact us to raise your complaint or concern.
The Company intends to provide financial services in respect of following securities issued in or outside of Saudi Arabia (including listed on any stock exchange in or outside Saudi Arabia):
- Shares
- Debt instruments
- Fund units
- Any other equity or debt-based securities in accordance with the applicable CMA regulations
Franklin Templeton Financial Company
All positions noted above are registered with Saudi Arabia’s Capital Market Authority
The Company intends to undertake one or more of the activities of managing private investment funds, public investment funds, foreign funds, segregated mandates, providing financial advice to clients based in Saudi Arabia subject to the receipt of final licenses from the CMA.