The Kuwait Capital Markets Authority has released the twentieth issue of its quarterly electronic e-Awareness Magazine, the second issue for 2025 and the first issued under the new Board of Commissioners formed in April. The lead editorial by Chairman and Executive Director Emad Ahmed Ali Tifoni notes the handover to the new Board and the start of preparing the Authority’s strategy for the next phase covering 2027-2028 and 2030-2031. The issue includes a legal feature on the CMA’s approach to transparency and the classification of information into public, internal-use and confidential categories, alongside discussion of penalties for breaches of confidentiality and exploitation of inside information. It also summarises recent external engagement, including Kuwait’s hosting of the thirtieth meeting of GCC heads of capital markets authorities on integration trends, participation in the nineteenth annual meeting of the Union of Arab Securities Authorities on its 2026-2030 strategy and financial inclusion, and attendance at the third Gulf Smart Investor Competition awards ceremony in Riyadh on 7 May. Other sections cover market development initiatives described as nearing final stages, including the Capital Market System Development Program and an XBRL-based electronic disclosure system project, and discuss financial technology and the CMA’s role in regulating services including securities-based crowdfunding and automated investment advice.