Capital Markets Authority - Kuwait (CMA)]
KuwaitThe Capital Markets Authority (CMA) of Kuwait, is the sole regulator of capital markets sector in Kuwait. The Capital Markets Authority aims regulate securities activities in a fair, transparent and efficient manner. CMA plans to grow the capital markets, and diversify and develop investment instruments thereof in accordance with best international practice.
The CMA’s FinTech Vision is to support the growth, diversification, and competitiveness of financial services and the capital markets in Kuwait by enabling the adoption of Financial Technologies through the introduction of a robust regulatory framework that will support the private sector, enable wider financial inclusion, and attract local and international talent and investment for the securities markets in Kuwait
Geographical Jurisdiction
KuwaitSecurities activities within the capital markets landscape.
GFIN Member: check all that apply. Please do not add any additional categories, except where indicated under “Other”.
- Guidance on the application of laws and rules to innovative business models
- Support with authorisation to operate in our jurisdiction
- Live Sandbox testing environment
- Waivers or exemptions, for any entity meeting certain criteria
- Engagement with firms on RegTech and SupTech solutions
- Engagement with innovators and/or other third parties (e.g. academics, consultants and other organisations)
- Facilitating hackathons, TechSprints or similar events
- ...Assistance finding potential public or private sector partners / service providers ☒Other [Access to other regulators’ regulations/practices on Fintech implementations in Capital Markets]
Focus Area
N/A
Criteria may differ for domestic services.
[Note to GFIN Members: this section is only required if you plan to participate in cross-border testing]
