Title: Press Release: Introductory University Awareness Workshop by the CMA

Kuwait, December 4, 2024 – Within the framework of implementing  the CMA’s national project for enhancing financial inclusion and investment awareness included within the tasks of the operational awareness plan of the Awareness Office at the CMA, which aims to introduce various societal segments of the CMA’s tasks and activities, the headquarters of the American University of the Middle East (AUM) has witnessed on Tuesday, December 3, the implementation of an awareness workshop targeting the university students. The workshop was attended by many university faculty and administrative members.

The workshop was opened by Mr. Khaled Youssef Al-Saqer – Awareness Office Director at the CMA who presented the circumstances and entitlements of establishing the CMA at the beginning of the new millennium to the issuance of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its amendments, passing through the issuance of the Executive Bylaws in 2015 that represented the biggest local legislative achievement, and ending with the consecutive legislative amendments issued by the CMA in light of the requirements of the practical application which included the issuance of several Executive Bylaws Modules amounting to 19 Modules.

Then, the workshop reviewed its two main topics by its lecturers:
- Ms. Basma Akbar – Chief Researcher at the Awareness Office at the CMA.
- Mr. Mohammad Al-Ali – Senior Specialist at the Awareness Office at the CMA.

Ms. Basma introduced the CMA, reviewing its vision, mission, values, and main objectives determined in its establishment Law, particularly those concerned with the regulation of securities activities in a fair, competitive, and transparent manner, in addition to the capital markets development and diversifying and developing their investment tools, and providing protection to securities activity’s investors and raising their awareness in its benefits, risks, and commitments. She also presented summary of the CMA’s legislative, regulatory, supervisory, and awareness tasks.

Mr. Mohammad presented an expanded introduction on the third Gulf smart investor award as one of the initiatives of Gulf Investment Awareness Program “Mulem”. He clarified the objectives of this competition, its paths, and awards that exceeded one million Saudi Riyals, and invited everyone to participate in it during the specified period that extends until the end of February 2025.

Before concluding the workshop, the lecturers answered the participants’ enquiries concerning various issues related to the CMA’s work, in addition to the most prominent projects and future trends, which includes those recently announced by the CMA and others under implementation, particularly the ones included within its digital transformation strategy that aims to digitize all its services during its current strategy extending until 2027, in addition to the securities-based fintech services and CMA’s national project for enhancing financial inclusion and investment awareness that is being implemented by the Awareness Office in cooperation with CMA’s various organizational units.

Ends-
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.
For further information, please contact:
Public Relations & Media Office
Tel: 1888898
Email: pr-media@cma.gov.kw