The Kuwait Capital Markets Authority’s Board of Commissioners imposed financial sanctions on Dimah Capital Investment Company (K.S.C.C.) for procedural violations of Module Sixteen on Anti-Money Laundering and Combating the Financing of Terrorism in the Executive Bylaws of Law No. 7 of 2010 regulating securities activities. The decision, taken at Board meeting No. 20/2025 on 9 July 2025, set three separate penalties: KD 7,500 for violating item (2) of Article (3-18), KD 7,500 for violating Article (4-1), and KD 18,000 for violating Article (6-1).
Kuwait Capital Markets Authority 2025-07-13
Kuwait Capital Markets Authority fines Dimah Capital Investment Company KD 33,000 for procedural breaches of AML CFT rules
The Kuwait Capital Markets Authority imposed financial penalties totaling KD 33,000 on Dimah Capital Investment Company for breaches of anti-money laundering and counter-terrorism financing regulations. The sanctions were decided at the Board meeting on 9 July 2025, addressing violations of specific articles within the Executive Bylaws of Law No. 7 of 2010.