Title: Press Release: Inaugural of Capital Markets Academy Program “Laws and Regulations of the Capital Markes Authority – State of Kuwait”

Kuwait, November 3, 2024 – The Capital Markets Academy – Kuwait has successfully concluded its first program, a preparatory program for the professional certification “Laws and Regulations of the Capital Markets Authority – State of Kuwait”. The five-days program, held from October 20-24,2024 targeted  employees of registered positions at licensed persons, employees of capital markets authorities and similar supervisory entities, in addition to all society segments and the public interested in capital markets topics.

The program aims to enable the participants to understand and comprehend the regulations of the securities market and the regulations of the Capital Markets Authority of the State of Kuwait as they are applicable to the securities’ investors and licensed persons, in addition to preparing participants to pass the Professional Qualifications test accredited by the Chartered Institute for Securities and Investment (CISI).

The program has achieved its goal. Despite the Academy’s novelty, the turnout registration of the program was more than expected, which reflects the program’s success that resonated with the participants and had a positive implication on the financial institutions, and the Academy was asked to reintroduce the program.

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Note to Editors:
The Capital Markets Academy is a non-profit educational and training institution focused on securities markets, with an independent legal personality. It is regulated and supervised by the Capital Markets Authority (CMA). It aims to develop the knowledge-based economy related to the securities activities sector, qualify the human cadres working in this sector and enhance their capabilities to help improve the efficiency of local capital markets. This supports the CMA’s objective of enhancing the public awareness of securities activities and of the benefits, risks and obligations arising from investment in this activity, and encouraging its development. Furthermore, it represents a response to several legal entitlements of the CMA in accordance with the provisions of some Articles of its Law of establishment, and developmental entitlements related to achieving some of the objectives of its current strategy.  It aligns with the country’s vision of becoming a leading regional financial hub, supporting the development of qualified workforce. In this point, the importance of the Academy’s role becomes apparent.
The Academy has an independent legal personality according to Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority.

For further information, please contact:
Public Relations & Media Office
Tel: 22903062
Fax: 22903505
Email: pr-media@cma.gov.kw