CmaBoardReleases
Back to Search
CMA LAW: CMA Circular No. (05) of 2025 Circular to All Entities and Persons Addressed by Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments Regarding Dealing with Individuals whose Kuwaiti Citizenship has been Withdrawn and were Previously Obtained in accordance with Article Eight of Decree-Law No. (15) of 1959 and its amendments
Date Publish
23 February 2025
In light of the decrees issued regarding withdrawing citizenship from those who previously obtained it in accordance with Article Eight of Decree-Law No. (15) of 1959 and its amendments regarding Kuwaiti citizenship, and to the resolution of the esteemed Council of Ministers No. (67) passed in its meeting No. (3/2025) - (38) held on 21/01/2025, which includes requesting government agencies to remedy the situations of those whose who previously obtained their citizenships in accordance with Article Eight of Decree-Law No. (15) of 1959 and its amendments regarding Kuwaiti citizenship and their equality in benefits and salaries, in addition to the inquiries received by the CMA from those whose citizenships were withdrawn and licensed persons, and what is raised on social media regarding the mechanism for dealing with them.
CMA draws the attention of all licensed persons subject to CMA’s supervision to adhere to the resolutions and circulars issued by the Council of Ministers, with regard to dealing with individuals whose Kuwaiti citizenship has been withdrawn, who previously obtained it in accordance with Article Eight of Decree-Law No. (15) of 1959 and its amendments and completing their transactions in the event that they obtain a valid civil ID registered in the nationality field (Kuwaiti Treatment).
Prof. Ahmad Al-Melhem
Issued on: 23/02/2025.
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.
