13November

CMA works on a project to classify investment companies according to capital adequacy

Capital Markets Authority (CMA) is preparing a strategic project to be shortly implemented to classify a number of licensed sectors, the most prominent of which are "investment companies, brokerage firms, auditors and legal auditors".
The sources added that there are ...

18November

Companies suggest to CMA the implementation of 10 procedures to ensure the protection of trading and settlement without any violations

Informed sources revealed that some companies operating in Boursa Kuwait, proposed the introduction of new procedures and various levels of protection to the trading system, to ensure the smooth continuation of transactions and proper settlement without violations or risks that may ...

18November

CMA inquiries about the reasons for foreign portfolios concentration through only two brokerage firms

The Capital Markets Authority (CMA), in a first-of-its-kind precedent, asked a number of registered entities,  including brokerage firms about foreign portfolios that invest in the local market, and the reasons for its concentration and flow of liquidity through only two ...

18November

Capital Markets Authority (CMA) announced that it has partially cancelled the securities activities license of Wafra International Investment Company

Capital Markets Authority (CMA) announced that it has partially cancelled the securities activities license of Wafra International Investment Company and amended the list of licenses activities in the licensed persons register at CMA  
Having Perused:
-   ...

18November

CMA renews the Securities Activities License of Ahli Capital Investment Company

The Capital Markets Authority (CMA) decided to renew the Securities Activities License of Ahli Capital Investment Company 
 Having Perused:
 - Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities ...

18November

128 million shares of Boursa Kuwait’s capital transferred to «CMA» in exchange for its interest in «KCC«

The Board of Directors of Bourse Kuwait passed a resolution to settle the Company's debts with the Capital Markets Authority (CMA), resulting from the transfer of some assets as stipulated by Article (156) of Law No. 7 ...

25November

CMA is considering an appropriate initial price ... to privatize Boursa Kuwait

Sources revealed that the Capital Markets Authority (CMA) is considering the appropriate initial price for Boursa Kuwait privatization, indicating that the bids will be submitted through sealed envelopes.  
Sources explained that the winning bid must exceed the ...

28November

CMA deletes AREF Investment Group’s name from the Licensed Persons Register

CMA revoked the Securities Activities License of AREF Investment Group and deleted the company’s name from the Licensed Persons Register at the CMA
Having Perused: 
- Law No. (7) of 2010 regarding the Establishment of the Capital Markets Authority and ...

28November

Arab Investment Company renews 7 securities activities

The Capital Markets Authority (CMA) renewed the securities activities license of Arab Investment Company for practicing the following activities:- Securities Broker not registered in the Securities Exchange, Investment Advisor, Investment Portfolio Manager, Collective Investment ...

2December

CMA issues disciplinary resolution against Securities Group for KWD 2,000

The Capital Markets Authority (CMA) announced issuance of a Disciplinary Board Resolution passed in its meeting held on Thursday 29/11/2018 on violation No. (86/2018 Disciplinary Board) (150/2018 Authority) filed against the Securities Group:
The Company shall pay a total of ...