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    • Resolutions and Circulars
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    • Vision
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    • Chairman Message
    • Organizational Structure
  • Awareness
    • Suggestions
    • Publications
    • National Project
    • Events
    • List Of Licensed Companies
    • External Audit Offices
    • List Of Registered Auditors
    • Local and Gulf Unlicensed Entities
    • Persons Restricted from Practicing Securities Activities or Registered Positions and Employment Positions
    • Workshops
    • Facilitating the opening of investment accounts Initiative
    • CMA Radio
    • FAQ
  • Media Center
    • List of Investment Funds
    • List Of Agreements
    • CMA Gallery
    • Media Appearances
    • Press Releases
    • Kuwait's Exchange Privatization Journey
  • International Organizations
  • Fintech
    • Introduction to Financial Technology
    • Securities-based Crowdfunding
    • Digital Financial Advisory
    • Initial Implementation Phase
    • List of Companies Registered in the Fintech Services Register
    • Digital Library
    • Contact the Fintech Unit
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Executive Bylaws - CMA

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Executive Bylaws

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  • February 17
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2-1 Organizational Requirements Of Module Seven: Clients’ Funds and Clients’ Assets
Section: Chapter Two: General Provisions
  • Sunday, 05 February 2017

    A Licensed Person shall make all appropriate arrangements to hold and maintain Client’s Funds and Clients’ Assets and not use the same unless for their assigned purposes. The Licensed Person may not use these funds or assets or rights arising from the same for his own account, or for the account of any other Client or third party, and all arrangements for holding and maintaining Clients’ Funds and Clients’ Assets shall be provided by means of automated and supervisory systems of the Licensed Person adequate to maintain accurate records and to manage operations effectively.

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