The Capital Markets Authority (CMA) has announced that Kuwait Financial Brokerage Company has received preliminary approval to be licensed as a Qualified Securities Broker registered on Boursa Kuwait.
According to the decision, the approval is valid for six months—renewable—from July 6, 2025, to January 5, 2026, during which the company must meet the standards and requirements set by the Authority.
The decision also includes an amendment to the company's existing license by canceling the activity of "Registered Securities Broker on the Stock Exchange" and adding the activity of "Qualified Securities Broker registered on the Stock Exchange." Additionally, the titles of registered individuals will be updated to "Representative of a Qualified Securities Broker registered on the Stock Exchange," following the fulfillment of all necessary requirements.
Capital Markets Authority