CmaBoardReleases
Title: Resolution No. (68) of 2021 Regarding Renewal of the Securities Activities License of HSBC Bank Middle East Limited – 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 HSBC Bank Middle East Limited – Kuwait
No. (AP/2018/0004) issued on 19/07/2018; and
- Based on the request of HSBC Bank Middle East Limited – Kuwait to renew the license of the securities activities at the CMA; and
- Resolution No. (22) of 2021 regarding amending the authorizations of the Supervision Sector’s procedures issued on 04/03/2021.
The Following Was Resolved
Article (1)
The securities activities license of HSBC Bank Middle East Limited – Kuwait at the CMA is hereby renewed for practicing the activity of Custodian.
The license is valid for three renewable years, after paying the prescribed fees, starting from 19/07/2021.
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.
Anwar Al-Mudhaf
Acting Head of Supervision Sector
Issued on: 21/06/2021