CmaBylaw
Executive Bylaws
5-7 Disclosure of Securities Of Module Two: Capital Markets Authority
Section: Chapter Five: Confidentiality and Conflicts of Interest
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Sunday, 05 February 2017
Each member of the Board and the employees shall declare in writing to the Authority, upon commencement of their duties, their ownership of any Securities listed on Kuwait Stock Exchange owned by them or minors who are under their guardianship, and shall also disclose, in writing, any updates on any changes thereof as per the procedures laid down by the Board. Members of the Board are prohibited from dealing in the shares of companies which are subject to the Authority’s supervision throughout their period of membership of the Board.
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