CMA LAW: The Capital Markets Authority Holds itsNinth Awareness Workshop

Kuwait, 24th March 2015 – The Capital Markets Authority (CMA) has held its 9th awareness workshop today Tuesday 24/3/2015 in Khaled Al-Kharafi Hall at Kuwait Stock Exchange at 12:30 PM. The workshop was titled "Controls of Promotional and Marketing Announcements of Investment Funds". This workshop is part of the CMA's awareness workshops program for the first quarter of 2015. The speakers discussed various aspects of the topic such as the following:
⦁ Controls of promotional and marketing announcements of investment funds
⦁ Scope of application of the controls of promotional and marketing announcements of investment funds
⦁ Definition of the promotional and marketing announcements of investment funds
⦁ Information and data banned from being included in the promotional or marketing announcements of the investment funds
⦁ Controls of the promotional or marketing announcement of an investment fund through direct contact
⦁ Controls of prearranged promotional or marketing announcement of an investment fund
Additionally, other related issues were tackled such as the expenses of the promotional or marketing announcements of investment funds. At the end of the workshop, participants' questions were answered.
The speakers were Mr. Faisal Al-Qabandi – Manager of Traditional Fund Section, Mr. Ahmed Marafi – Director of the Awareness Office, Mrs. Rayan Alzaid – Representative from the Collective Investment Scheme Department, and Mr. Othman Alneghaimash – Representative from the Legal Affairs Sector. The workshop was attended by those who are interested in the securities' issues in general.
As the first awareness program of 2015 comes to an end, the CMA expresses its gratitude to all participants. It looks forward to other future events.

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, oblige the listed companies to execute the Corporate Governance Principles, and protect the investors from the unfair practices which violate the Authority's Law.

Furthermore, the Law's provisions stipulate the supervision of the merger, acquisition, and disclosure operations. The Authority also aims at providing awareness programmes related to securities activities. 

For more information kindly contact:
Public Relations & Media Office
Tel: 22903062
Fax: 22410169
Email: pr-media@kuwaitcma.org     
  

Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.