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Title: Resolution No. (109) of 2019 Regarding Completion of the First Batch of the Third Phase of Market Development Project (MD-3.1)
Date Publish 27 June 2019


Having Perused:

- 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

- CMA Board of Commissioners Resolution No. (60) of 2019 Regarding 2019 Entry into Force of the First Batch of the Third Phase of Market Development Project (MD-3.1); and

- CMA Board of Commissioners Resolution passed in its meeting No. (20) of 2019 held on 27/06/2019;


The Following Was Resolved

Article (1)

The rules of stock lending and borrowing approved by CMA and issued by Kuwait Clearing Company shall enter into force as of June 30, 2019.

Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from 30/09/2019, and it shall be published in the Official Gazette. 


Othman I. Al-Issa

Acting Managing Director

Issued on: 27/06/2019

Copy of the Official Document

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