The Kuwait Capital Markets Authority’s Disciplinary Board issued a resolution imposing a KD 10,000 financial penalty on Gulf Investment House Company for violating the Disclosure and Transparency rules after it was found to have delayed disclosure of material information. The breach relates to Article (4-2-1) of Module Ten (Disclosure and Transparency) of the Executive Bylaws of Law No. 7 of 2010, as amended. The sanction was set out in Disciplinary Board Resolution No. 31/2025 (Authority Resolution No. 68/2025).
Kuwait Capital Markets Authority 2025-10-13
Kuwait Capital Markets Authority fines Gulf Investment House KD 10,000 for breaching disclosure and transparency rules
The Kuwait Capital Markets Authority's Disciplinary Board fined Gulf Investment House Company KD 10,000 for breaching Disclosure and Transparency rules by delaying the disclosure of material information. The violation pertains to Article (4-2-1) of Module Ten of the Executive Bylaws of Law No. 7 of 2010. The penalty was formalized in Disciplinary Board Resolution No. 31/2025.