The Kuwait Capital Markets Authority issued Resolution No. 199 of 2025 amending provisions of Module V (Securities Activities and Registered Persons) in the Executive Bylaws to Law No. 7 of 2010, updating how certain regulated functions may be performed and the requirements applied to individuals registered with licensed persons. Key changes include revised and reworded provisions on appointing a third party to perform tasks related to functions that must be registered, alongside updates to Appendix 20 (request to assign an external entity). The amendments also adjust the professional certificate requirements for the Sharia Auditor role in Appendix 3 and update Appendix 10 (application form for registered positions) to require a criminal status certificate issued by Kuwait’s Ministry of Interior or an equivalent certificate from foreign jurisdictions. The authority directed licensed persons and relevant parties to review the final amended text and implement its provisions.

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