Monday 7 March 2011

Kuwait’s Capital Market Regulator to Start Operations This Month - Bloomberg

Kuwait’s Capital Markets Authority is likely to start operating this month after its bylaws are published in the weekly Official Gazette, an official at the authority said today.

The bylaws were approved March 3 by the authority’s five- member board and sent to the gazette for publication, Yousuf al- Ali, a board member, said in a telephone interview.

Kuwait’s parliament in February 2010 approved a bill to create the authority, the country’s first stock market regulator.

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