The Kuwait Capital Markets Authority issued a decision canceling Ammar Finance and Leasing Company’s license for the securities broker activity not registered on the stock exchange and amending the list of activities recorded for the firm in the register of licensed persons. The action follows the company’s request to remove certain securities activities from its license. The company remains a licensed person for its other approved securities activities that remain recorded in the register. It must also meet all legal obligations arising under the Capital Markets Authority Law and its executive regulations for the period before the decision takes effect. The decision applies from the date of issuance and will be published in the Official Gazette.
Kuwait Capital Markets Authority2026-06-20
Kuwait Capital Markets Authority cancels Ammar Finance and Leasing Company off exchange securities brokerage license and updates its licensed activities
The Kuwait Capital Markets Authority canceled Ammar Finance and Leasing Company’s license for the off exchange securities broker activity and updated the firm’s licensed activities in its register. The company remains licensed for its other approved securities activities and must meet all legal obligations relating to the period before the decision took effect.