Title: Press Release: A Questionnaire Targeting Stakeholders and All Entities and Persons Addressed by Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and their Amendments

Kuwait, August 3, 2024- Based on the third strategic plan of the Capital Markets Authority, where the CMA seeks to contribute effectively to achieving (Kuwait Vision 2035) and implementing its roles in accordance with its establishment law and its ambitious vision in markets development and securities activity in the State of Kuwait.

In light of the key initiatives undertaken by the CMA, especially enhancing the experience of traders with updates to the Executive Bylaws, to achieve the second strategic objective (developing legislative and regulatory frameworks in line with modern international trends in capital markets) for the first pillar (Capital Markets Development) of the aforementioned strategic plan.

In recognition of the principle of participation and the importance of benefiting from the experiences and capabilities of the persons and entities subject to the CMA’s supervision, and taking into account their aspirations and views regarding the updates and amendments made by the CMA to the Executive Bylaws of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its amendments.

The CMA invites stakeholders, visionaries, and all those addressed by the provisions of the Executive Bylaws, and those interested in securities activities in general, to participate in the questionnaire regarding the Executive Bylaws and the mechanism for the implemented updates and amendments during the period from 04/8/2024 to 29/08/2024, through the link shown below:

https://www.cma.gov.kw/ar/web/cma/209

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Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance regulations, and protect investors from unfair practices which violate the CMA's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.