CmaBoardReleases
Title: The Capital Markets Authority Enhances the Principle of Transparency by Offering the Service of the Right to Access Information and Documents
Kuwait, March 6, 2021 - As part of the Capital Markets Authority’s (CMA) continuous efforts in promoting the principles of transparency in the flow of information in general and the administrative transparency in particular, which is one of the most important imperatives of developing financial markets that attract and support the national economy to be in line with the requirements of Law No. 12 of 2020 regarding the Right to Access Information and its Executive Bylaws, especially in terms of of integrity and anti-corruption, and as part of its keenness in simplifying the procedures of offering the service mentioned in Law No. 12 of 2020 that shall be implemented on March 7, 2021 and enhancing its efficiency at the same time, the CMA has listed a new form under the title of “Application for Requesting Access to Information and Related Documents Pursuant to Law No. 12 of 2020” and the following email address: raid@cma.gov.kw “Right to Access Information and Documents” as part of its services provided on CMA’s Electronic Portal, which allows stakeholders to access information and documents which the Law permitted them to access or receive.
In conclusion, the CMA emphasizes its constant keenness to upgrade its services and simplifying their procedures in accordance with the best international practice in order to facilitate them for the stakeholders.
Ends-
Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA 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 CMA's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.
For further information, please contact:
Public Relations & Media Office
Tel: 22903062
Fax: 22903505
Email: pr-media@cma.gov.kw