Title: The Capital Markets Authority Concludes its Awareness Campaign with Launching Qualifications Examinations Project for Registered Employment Positions

KUWAIT CITY, April 28, 2019 As part of its efforts to implement the "Qualifications Examinations Project for Registered Employment Positions”, which was initiated by the CMA on Monday, April 15, 2019, the Capital Markets Authority (CMA) concluded on Thursday, April 25, 2019 The Special Awareness Program for Licensed Persons under the " Qualifications Examinations Project for Registered Employment Positions", which was implemented over the last week (21-25 April) at the CMA’s headquarters, within the framework of the Capital Markets Authority to apply the Qualifications Examinations Project for Registered Employment Positions in cooperation with the Chartered Institute for Securities & Investment (CISI), in order to ensure the successful implementation of this project in the State of Kuwait.

The program included ten awareness workshops, which lasted for one week, with two workshops a day for the target groups represented by licensed persons at the Capital Markets Authority, where 174 people participated from 79 parties. The workshops included the following topics:

• Objectives of the Professional Qualifications Program (PQP)

• PQP

• The policy of exemption from professional qualifications

• The mechanism of applying the PQP

• Registration procedures for registered employment positions

• Training to pass professional qualifications examinations

• The mechanism for applying for professional qualifications examinations

CMA was represented in the implementation of the activities of the program, the Chairman of the Steering Committee and members of the team of the program of professional qualifications for jobs to be registered, namely:

• Mr. Khalid Bader Al-Mufarrej - Chairman of the Steering Committee

• Ms. Zahra Riad Al-Mousa – Team Leader

• Ms. Noor Adnan Al-Gharaballi - Team Member

• Ms. Sarah Fayez Al-Kandari - Team Member

• Mr. Yousuf Salman Al Roumi - Team Member

• Ms. Jomana Mohammed Al-Shawaf - Team Member

• Mr. Khaled Issa Al-Sharqawi - Team Member

In addition to the participation of representatives of the Charted Institute for Securities and Investment (CISI) Mr. Matthew Kwan and Ms. Victoria Henry.

The PQP is one of the strategic approaches of the CMA, which is currently being implemented in view of its integrated vision to rehabilitate the labor force in the capital markets and to raise the level of professional competence and technical capabilities in line with the best practices adopted regionally and globally.

On Monday, 29 April 2019, the CMA will hold a special training workshop for trainers in the State of Kuwait, which will explain the training mechanism and test centers for the professional qualifications program.

At the same time, the Capital Markets Authority welcomes all proposals and questions regarding this project at the following e-mail address: pqp@cma.gov.kw.

Ends-
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