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Title: Resolution No. (152) of 2019 Regarding Approval of the Rules Necessary for the Implementation of the Omnibus Account and Same (Account) NIN Crossing
Date Publish
24 October 2019
Having Perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- CMA Board of Commissioners Resolution passed in its meeting No. (34) of 2019 held on 23/10/2019;
The Following Was Resolved
Article (1)
All of the following documents hereby enters into force as of this date:
- The approved document of Kuwait Clearing Company rules related to implementing the structure of Omnibus Accounts.
- The approved document of Boursa Kuwait rules related to implementing Same NIN (Account) Crossing.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Prof. Ahmad A. Al-Melhem
Issued on: 24/10/2019
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