Capital Market Watchdog To Boost Transparency

Kuwait's National Assembly approved in its first reading on January 21 a capital market regulator bill aimed at enhancing transparency and combating illegal trading activities. The proposal calls for the creation of a Capital Market Authority charged with the supervision and regulation of the stock market, as well as tough punishments for insider trading. We believe a final passing of the bill is highly likely and foresee positive effects for Kuwait's business environment in its wake.

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