Capital Markets Authority-Objectives - IFSAH

Navigation

  • Skip to Content
Unlicensed Entities
logo

  • CMA Portal
  • عـربـي
  • Ifsah Portal

Navigation

  • Home
  • CMA Portal
  • Ifsah Portal

CmaAdvanceSearch



Navigation

  • Home
عـربـي

Objectives - IFSAH

Menu

Related Pages

  • XBRL Home
  • About the IFSAH Project
  • About XBRL
  • Ifsah Portal Users
  • Objectives of Ifsah Portal
  • Steering Committee
  • Circulars & Press Releases
  • Market Awareness Sessions & Instructional Videos
  • Instructions Manual Registration Domain
  • Instruction Manuals for the Financial Statements Domain
  • Instruction Manuals for Disclosure Domain
  • Instruction Manuals for the General Assembly Domain
  • Log-in to IFSAH Portal
  • Registration FAQ
  • FS & Car Domain FAQ
  • Disclosure Domain FAQ
  • General Assembly Domain FAQ
  • Awareness Session
  • Contact Us

Objectives

Objectives of Implementing an XBRL Based Filing Platfrom

  1. Strengthening the concepts of transparency and fairness in the financial markets, by providing an electronic automated system for the reporting and exchanging of financial and non-financial information from different stakeholders, whether listed entities or licensed individuals.
     
  2. Defines a consistent and standardized format for the business reporting elements which will help streamline how the different stakeholder consume and interpret the reported data.
     
  3. Ensure the accuracy and reliability of the published filed information, and ensure its availability to all the relevant stakeholders and interested parties in a timely manner, which will help promote the effectiveness of conducting comparisons, studies and analysis of such information.
     
  4. Reduce both compliance and review burdens from the various stakeholders and parties dealing with the platform, which includes both the financial costs and human resources efforts, in addition to streamlining the processing of such filings along with enhancing the application of the required set of procedures in the local business environment.

Share & Print


  • Share
  • Print
CMA Automated Assistant

We use cookies to ensure you get the best experience on our website.

Footer - Links

  • Privacy Policy
  • Publishing Policy
  • Site Map
  • Contact Us

Footer - Copyrights

Copyright © 2020 Capital market authority. All Rights Reserved

Footer - Useful Links

Useful Links

  • International Organization of Securities Commissions (IOSCO)
  • Boursa Kuwait
  • Central Bank of Kuwait
  • Kuwait Investment Authority
  • Kuwait Government Online
  • Kuwait Clearing Company

Footer - Contact Us

Contact Us

Email:pr-media@cma.gov.kw

Phone:+965 22903000, +965 22903500

Postal Address:P.O.Box 3913, Safat 13040, Kuwait

Address:Kuwait City, Al-Shahuda Street, Al-Hamra Tower, 20th Floor

Footer - Social Media

Follow