The Kuwait Capital Markets Authority (CMA) and Hong Kong’s Financial Services Development Council (FSDC) have signed a memorandum of understanding setting out a framework to strengthen cooperation between the two financial sectors. The agreement focuses on mutual cooperation and information exchange, and on promoting innovative financial products and services, with references to opportunities in Islamic finance and investment innovation. It also envisages greater market connectivity through the sharing of knowledge, expertise and market insights, alongside joint thought leadership activities such as seminars and conferences.
Kuwait Capital Markets Authority 2025-02-06
Kuwait Capital Markets Authority signs cooperation memorandum with Hong Kong’s Financial Services Development Council
The Kuwait Capital Markets Authority and Hong Kong’s Financial Services Development Council have signed a memorandum of understanding to enhance cooperation between their financial sectors. The agreement emphasizes mutual cooperation, information exchange, and the promotion of innovative financial products, including Islamic finance. It also aims to increase market connectivity through shared knowledge and joint activities.