CMA LAW: The Capital Markets Authority Announces Filing a Report with the Prosecutor General Regarding the Occurrence of Crime

“The Capital Markets Authority announces filing a report with the Prosecutor General on 16/10/2025 regarding the occurrence of the crime stipulated in Item (2) of Article (127) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and amendments thereto. The defendant (a “former” Company listed in Boursa Kuwait and two other parties) until the date of submitting this Report did not implement a final resolution issued by the Disciplinary Board to pay the fine prescribed in Resolution No. (33/2023 Disciplinary Board – 51,135/2022 Authority) despite the fact that they were properly and legally served the notice of the Resolution on 19/05/2025, 27/05/2025, and 28/05/2025”