CmaBoardReleases
Title: Resolution No. (121) of 2022 Regarding Renewal of the Securities Activities License of Boursa Kuwait
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
- The securities activities license certificate of Boursa Kuwait No.(AP/2016/0023) issued on 04/10/2019; and
- The application submitted by Boursa Kuwait to renew the license of the securities activities at the CMA; and
- CMA Board of Commissioners Resolution passed in its meeting No. (26) of 2022 held on 20/07/2022; and
The Following Was Resolved
Article (1)
The securities activities license of Boursa Kuwait at the CMA is hereby renewed for practicing the activity of a securities Exchange.
The license is valid for three years, renewable after paying the specified fees, starting from 04/10/2022.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Prof. Ahmad A. Al-Melhem
Issued on: 24/07/2022