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CMA LAW: The Capital Markets Authority Announces Filing a Report with the Prosecutor General Regarding the Occurrence of a Crime
Date Publish
20 August 2026
The Capital Markets Authority announces filing a report with the Prosecutor General on 20/08/2026 regarding the occurrence of the crime stipulated in Item (1,3) of Article (127) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and amendments thereto, Items (1,4) of Article (303), and Item No. (4) of Article (304) of Law No. 1 of 2016 regarding the issuance of the Companies Law, and Articles (257,259,260) of Law No. 16 of 1960 promulgating the Penal Code. The defendants (a Company listed in Boursa Kuwait, Members of its Board of Directors, and its Executive Management) failed to enable the CMA’s employees to access data and information deemed necessary by the CMA, and provided the CMA with false and misleading information.
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