Title: Press Release: The Capital Markets Authority Launches a Page Aimed at Protecting and Educating Persons Dealing with Companies and Persons Against whom Resolutions Have Been Issued by the CMA

Kuwait,  April 10, 2022 - The Capital Markets Authority (CMA) launched today, through its website, a page dedicated to companies and persons against whom the CMA has issued resolutions of withdrawing licenses or prohibition from dealing in securities activities and  banning their practice of activities under the name (Withdrawn License Entities). This page contains a number of entities and persons who has been unlicensed by the CMA in the State of Kuwait.This page also provides access to the decisions issued on that concern by other regulatory bodies. 
The launch of this page complements the awareness and regulatory role played by the CMA in educating the public dealing with securities activities about the advantages and risk of investing in such activities, which includes providing data and information related to violating companies in the State of Kuwait, in addition to providing protection for dealers in securities activities, and ensuring compliance to related laws, regulations and resolutions.
This page provides access to the decisions issued by the CMA's Board of Commissioners and the Disciplinary Board in this regard, as well as other decisions issued by the counterpart regulatory authorities.
In this context, the CMA urges all persons dealing in securities to refer to this page before making an investment decision, knowing that the CMA takes all legal measures against these parties, pursuant to the provisions of 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 we point out that this page may not contain all resolutions as it is updated whenever needed, and that the responsibility for research lies on the person dealing in financial markets.
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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