Title: Resolution No. (103) of 2020 Regarding Renewal of the Securities Activities License of Kuwait Real Estate Investment Consortium at the CMA
Date Publish 12 October 2020
- Law No. (7) of 2010 regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- The securities activities license certificate of Kuwait Real Estate Investment Consortium No. (AP/2017/0008) issued on 11/06/2017; and
- Based on the request of Kuwait Real Estate Investment Consortium to renew the license of the securities activities at the CMA; and
- Resolution No. (149) of 2018 regarding amending the final approval of authorizations for the Supervision Sector’s procedures issued on 25/11/2018.
The Following Was Resolved
The securities activities license of Kuwait Real Estate Investment Consortium at the CMA is hereby renewed for practicing the activity of Investment Portfolio Manager.
The license is valid for three renewable years, after paying the prescribed fees, starting from 11/06/2020.
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from 11/06/2020, and it shall be published in the Official Gazette.
Head of Supervision Sector
Issued on: 12/10/2020
Copy of the Official Document
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