Title: Capital Markets Authority Organizes its First Awareness Workshop

Kuwait, September 27, 2016 - CMA has released its first awareness event with the first workshop on Tuesday 27/9/2016 at Kuwait Stock Exchange Building in Khaled Al-Kharafi Hall at 12:30 p.m. It is related to Material Information and the Mechanism of their Disclosure. The speakers dealt with this issue through three aspects:

- Goals and Instructions of Disclosure of Material Information

- Brief on CMA’s instructions regarding Disclosure of Material Information

- Examples on how to deal with Material Information

The workshop outlined in its first aspect the goals of the CMA instructions regarding disclosure of material information including the mechanism of announcing material information, and the procedures required from the issuers regarding disclosing it. The second aspect addressed the definition of material information and disclosure timings and cases where announcing it would be postponed, whereas the third aspect included practical examples on cases of disclosure of material information.

Time has been assigned to answer participants’ inquiries by the Disclosure Department’s representatives, where the concerned parties of securities issues took part in the discussions.

It should be noted that the CMA’s representatives of today’s workshop were Mr.Amro A. Al-Muharib - Director of Disclosure Department and Mr. Jassim Aldrees - Director of Material Disclosure Section, and Mr. Khaled Alsaqer - Director of Awareness Department and Mr. Othman Alneghaimash - Director of Co-ordination and Follow-up Office – Legal Affairs Sector.

As the Capital Markets Authority begins its awareness activities, which is limited to four workshops extending until October 18, it hopes that the concerned parties will participate in the open discussions to achieve the desired awareness goals related to securities issues. It also welcomes all questions and queries in various issues related to its various activities.

Clarification to Editors
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010, and amended by Law No. 108/2014. Pursuant to the Law, the Authority 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 Authority's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The Authority also aims to provide awareness programs related to securities activities.
For more information, kindly contact
Public Relations & Media Office
Tel: 22903062
Fax: 22903505
Email: pr-media@kuwaitcma.org