The Kuwait Capital Markets Authority issued a decision renewing Kuwait Financial Centre Company’s licence to carry on the securities activity of custodian. The renewal is granted for a three-year term, renewable, starting from 15 May 2026. The decision follows the firm’s application to renew its licence and references the existing securities activities licence certificate (AP/2017/0006) issued on 15 May 2023, as well as the Capital Markets Authority Law No. 7 of 2010 and its executive regulations. The decision applies from the date of issuance, with competent departments tasked with implementation, and it will be published in the Official Gazette.
Kuwait Capital Markets Authority 2026-02-17
Kuwait Capital Markets Authority renews Kuwait Financial Centre’s securities custody activity licence for three years
The Kuwait Capital Markets Authority has renewed Kuwait Financial Centre Company's licence to operate as a securities custodian for three years, effective from 15 May 2026. This decision follows the firm's application and references its existing licence and relevant regulations. The renewal will be published in the Official Gazette.