The Kuwait Capital Markets Authority has submitted a report to the Attorney General concerning an alleged criminal offence involving the provision of investment advisory services, described as “investment advisor (asset assessor)”, without the licences required by the Authority. The Authority linked the alleged conduct to Item (2) of Article (63) of Law No. 7 of 2010 on the establishment of the Capital Markets Authority and regulation of securities activities (as amended), and noted that the offence is criminalised under Clause (1) of Article (126) of the same law.
Kuwait Capital Markets Authority 2025-08-14
Kuwait Capital Markets Authority refers alleged unlicensed investment advisory activity to the Attorney General
The Kuwait Capital Markets Authority has reported an alleged criminal offence to the Attorney General involving unlicensed investment advisory services. The conduct is linked to Article (63) and criminalised under Article (126) of Law No. 7 of 2010.