CMA LAW:
The Capital Markets Authority Announces Filing a Report with the Prosecutor General Regarding the Occurrence of Crime
Date Publish10 July 2025
The Capital Markets Authority announces filing a report with the Prosecutor General on 10/07/2025 regarding the occurrence of the crime stipulated in Item (2) of Article (127) of Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and amendments thereto. This is due to the failure of the defendant (a Company formerly listed in Boursa Kuwait) until the date of submitting this Report to implement a final resolution issued by the Disciplinary Board to pay the fine prescribed in Resolution No. (78/2024 Disciplinary Board – 89/2024 Authority) despite the fact that they were properly and legally served the notice of the Resolution on 16/04/2025.
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