The Capital Markets Authority (CMA) issued Disciplinary Board Resolution No. (2022/80 Disciplinary Board) (2022/57 Commission) imposing a fine against Ream Real Estate Company for violating the listing rules. The company hasn’t submitted yet its financial statements for the financial year ended 31 December 2021 to Boursa Kuwait Company and CMA within the specified deadline of 31 March 2022. Thereby, the company is considered in violation of the provision of Clause No. (2) of Article (1-15-1) of Twelfth Module (Listing Rules) of the Executive Regulations of Law No. 7 of 2010 and their amendments. CMA emphasizes the implementation of CMA Law and its Executive Bylaws on all persons dealing in securities activities, and urges them to comply with these rules in order to promote investors' confidence, create a sound investment environment, and implement the Law according to the principles of fairness, transparency, and integrity in line with the best international practice.