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CMA LAW: Circular No. (04) of 2025 to all Listed Companies in the Premier Market Regarding the Disclosure of Sustainability Reporting
Date Publish
12 February 2025
As part of the role of the Capital Markets Authority (CMA) in regulating securities activities in a fair , competitive and transparent manner, and its constant endevour in market development in line with best international practices, pursuant to Article (1-17-4) of Module Twelve (Listing Rules) of the Executive Bylaws 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, stipulating the following:
“Based on instructions issued by the Authority, the Exchange shall require Listed Companies in one of the market segments pursuant to Article (1-8) of this Module to disclose their Sustainability reports. The Exchange’s rules shall provide details on the requirements for the Sustainability reports disclosure.”
The CMA would like to draw the attention of all companies listed on the Premier Market of the Boursa Kuwait Securities Exchange that the disclosure of the sustainability report will be mandatory for these companies starting from 2026.
Accordingly, this obligation requires companies listed on the Premier Market to prepare and disclose sustainability reports for the year 2025, provided that the date of disclosure of this report on the Boursa website does not exceed the end of the second quarter of the financial year (end of June 2026), taking into account the difference in financial periods of companies. Boursa Kuwait Securities Exchange Company shall take the necessary measures to amend its rules in accordance with this circular.
Prof. Ahmad Al-Melhem
Issued on: 12/02/2025
Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
