CMA LAW: Press Release: The Capital Markets Authority Signs Collaboration Protocol with the Ministry of Finance and the Competent Regulatory Entities to Enhance the Exchange of Information for tax Purposes

Kuwait,12 February 2026 – In order to enhance institutional coordination and implement the provisions of Decree-Law No. 6 of 2024 Regarding the Exchange of Information for Tax Purposes and its Executive Bylaws, the Capital Markets Authority (CMA) has signed a collaboration protocol on Wednesday, 11 February 2026 between the Ministry of Finance and the competent regulatory entities to promote information exchange for tax purposes.

The cooperation protocol was signed by Her Excellency the Undersecretary of the Ministry of Finance, Ms. Aseel Sulaiman AlSaad AlMunaify, and the following representatives of the regulatory entities: 

- Ms. Marwa Badah Al-Jaidan – Undersecretary of the Ministry of Commerce and Industry.
- Ms. Sahar Abdulaziz Al-Rumaih – Deputy Governor of the Central Bank of Kuwait.
- Mr. Ziad Yaqoub Al-Fulaij – Head of Supervision Sector at the Capital Markets Authority.
- Mr. Mohammed Suleiman Al-Otaibi – Head of Insurance Regulation Unit.

The protocol aims to regulate and coordinate cooperation between the Ministry of Finance and the regulatory entities to implement the requirements of the agreements of information exchange for tax purposes and promote compliance with the relevant international standards, thereby contributing to increase tax transparency and support the efforts of State of Kuwait in the regular evaluation of the Global Forum on Transparency for the Exchange of Information for Tax Purposes in collaboration with Organisation for Economic Co-operation and Development (OECD). 

In this occasion, the Undersecretary of the Ministry of Finance has confirmed that signing this Protocol is part of the efforts of the Ministry to enhance institutional integration with the regulatory entities, which ensures efficient implementation of the relevant legislations and contributes to achieving the highest levels of commitment to international standards in the field of information exchange for tax purposes.

This Protocol is considered an important step towards strengthening institutional cooperation and enhancing governance of information exchange, which serves the public interest and reflects the commitment of the State of Kuwait to the approved international standards and practices.
 
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Notes to Editors:
The Capital Markets Authority (CMA) of Kuwait was established pursuant to Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, and its amendments, approved by the Kuwaiti Parliament in February 2010. Under this Law, the CMA regulates and supervises securities activities, ensures transparency, fairness, efficiency, and observes listed companies’ implementation of Corporate Governance regulations. The CMA also protects investors from unfair practices and violations of the CMA's Law.

Furthermore, the Law stipulates the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs pertaining to securities activities.

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Email: pr-media@cma.gov.kw

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