Title: Invitation to Participate in the Survey of Phase One of the Regulatory Framework Assessment for Financial Technologies Services Regulated by CMA

As part of the Capital Markets Authority’s efforts to adopt the best international practices in developing the legislative framework related to financial technology services in the State of Kuwait, embodied in Module Nineteen (Financial Technologies) of the Executive Bylaws of Law No. 7 Regarding the Establishment of the Capital Markets Authority and their amendments, and in reference to Resolution No. (181) of 2023 issued on 28/12/2023, which stipulates launching the initial implementation phase of Module Nineteen (Financial Technologies) of the Executive Bylaws of Law No. 7 of 2010, one of whose objectives is to assess and develop the regulatory framework for financial technology services regulated by the CMA, the services are the Securities-Based Crowdfunding platform and the Digital Investment Advisor. In order to achieve these objectives, and in belief in the principle of participation and the need to benefit from the experiences and aspirations of individuals and entities interested in the financial technology services sector, the CMA is pleased to invite all individuals, institutions and entities subject to its supervision and all interested parties in general, , to participate in the survey and provide their opinions and suggestions that would contribute to improving and developing the regulatory framework for financial technology services through the link or QR Code shown below.

Survey Period: Starting from 25/09/2024 to 25/11/2024.

https://cma.gov.kw/ar/web/cma/218