Title: Press Release: “The Forms of the Corporate Finance and Governance Tasks” is the Subject of a Virtual Awareness Workshop at the CMA

Kuwait, December 18, 2021 - Last Thursday, December 16, the Capital Markets Authority (CMA) conducted a virtual awareness workshop through the virtual conference platform (Webinar) covering the subject of “The Forms of the Corporate Finance and Governance Tasks” that will be launched by the beginning of the next year, in particular on January 2, 2022.
Furthermore, on December 14, 2021, the CMA has invited all the persons dealing in the securities exchange and those concerned with the corporate finance and governance matters to register and participate in this event, which aims to raise the awareness in several aspects related to the mechanisms of meeting the requirements of delivering the services forms relevant to the corporate finance and governance. For example, the mechanism of the general user (primary) to provide other users access to each service and the sequence of its steps. In addition, it raises the awareness of the services related to the corporate finance and the forms of each service such as the forms of dealing in company’s shares, the form of distributing the bonus shares of the shareholding company, the report form of dealing in the company’s treasury shares, and the form of approving the agenda of the of Bondholders or Sukukholders.
Through using the aforementioned electronic system that the CMA started its trial implementation stage on Thursday December 16th and will be extended until the 30th, it seeks to achieve several goals such as simplifying the procedures of dealing with the CMA, reducing the documentary cycle, maintaining confidentiality of information, facilitating the procedures of submitting the forms, and obtaining the services related to corporate finance and governance.
In conclusion, it is worth noting that CMA’s electronic system of the forms of the corporate finance and governance services is part of its pursuit to automate its services and launch them through its electronic portal, which started extensively in September 2018. In addition, this serves the technical transformation approach and enhances the efficiency of its work in a modern and flexible electronic environment that contributes to upgrade its services. It is also an implementation of its vision that complies with the government directives on the level of automating the work and improving the investment environment in general and the environment of investing in securities activities in particular. 
In presenting this workshop, the CMA was represented by:
Ms. Fedhah Almansour – The Manager of the Project of Developing and Automating the External Services
Mr. Hamad Alanjeri – Specialist from Corporate Finance and Governance Department
Mr. Ali Al-Sultan – Specialist from Corporate Finance and Governance Department

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Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance regulations, and protect investors from unfair practices which violate the CMA's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.
For further information, please contact:
Public Relations & Media Office
Tel: 22903062
Fax: 22903505