The Kuwait Capital Markets Authority (CMA) announced it has completed the first phase of preparing its fourth multi-year strategy, intended to serve as the roadmap for the authority’s direction over 2027/2028–2030/2031. The phase delivered a Current Situation Assessment Report supported by an internal and external environmental survey with broad stakeholder engagement. The external survey drew input from more than 80 local and international entities, including international standard-setting bodies, local regulators and government institutions, strategic partners in market development, supervised entities, and international financial and investment institutions. The CMA also ran an internal assessment of leadership aspirations, organisational units and institutional enablers, using benchmarking, risk-based analysis, PESTEL and SWOT. The strategy is positioned as a continuation of the CMA’s current strategy and is framed around priorities including financial market development, sustainability and social responsibility, digital transformation and financial inclusion, institutional excellence, cooperation, and improving Kuwait’s standing in global indicators. The assessment report and environmental survey are intended to define the change agenda and underpin the strategy’s components, from vision, mission and values through to strategic objectives, initiatives, indicators, and the operational plan.