Board Releases
 
 
Back to Search

A+ A-
Title: Capital Markets Authority Completes its Final Preparations to Organize its International Events
Date Publish 19 January 2019


Kuwait, January 19, 2019 - The Capital Markets Authority (CMA) is continuing its preparations for several exceptional events later this week, starting next Tuesday 22 January by hosting the 42nd IOSCO AMERC Meeting. It is one of the main committees at IOSCO, and includes more than 20 countries.

It is worth mentioning that Kuwait’s hosting one of the most important activities of an ISOCO’s committee (the first of its kind locally) is due to the keenness of the CMA to be an active member of the international organization, whether at the level of its Board of Directors or through the membership of its working committees, after becoming a member in May 2017.

The second of these events, which follows the above-mentioned international meeting, on the following day, starting at 9 am, is the opening of CMA’s fourth annual conference entitled "Capital Markets Development through Regional Initiatives" located at Jumeirah Messilah Beach Hotel & Spa.

The CMA’s approach to holding such conference has been adopted since 2016. The convening of an annual conference in the first quarter of each year represents an opportunity to discuss the most important issues related to financial markets, securities activities and the functions of the regulatory bodies, in addition to the latest developments through reviewing a number of regional and international experiences in the areas mentioned above.  They will be presented by a group of international and regional experts and specialists. The first conference was on “Corporate Governance: Importance, Requirements, Future Prospects”, while the second one was in 2017 on “Capital Markets Development in the State of Kuwait”. The third conference was in 2018 on “Capital Markets and Institutional Sustainability”.

Prominent economic figures will take part in CMA’s fourth annual conference to discusses "Capital Market Reforms Through Regional Initiatives". Many aspects will be covered, beginning with the review of the central role of capital markets in supporting market based long-term financing, and work by the International Organization of Securities Commissions (IOSCO) to support long-term financing, the emerging trends in market regulation to support SME financing, and lessons learned from IOSCO work in this area, including managing unintended consequences of regulation on SME market access. In addition to the efforts by IOSCO to put in place knowledge and expertise platforms on FinTech and technology related risks, and the opportunities for AMERC members to engage.

The Capital Markets Authority invites all concerned persons to its conference on January 23, to attend the conference and enrich its discussions. Pre-registration can be done through its website www.cma.gov.kw   


Ends

Notes to Editors
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010, and amended by Law No. 108/2014. Pursuant to the Law, the Authority 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 Authority's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The Authority also aims to provide awareness programs related to securities activities.
For further information, please contact:
Public Relations & Media Office
Tel: 22903062
Fax: 22903505

Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
In this section