When does a secondary default occur for a person authorized to engage in securities activities? A secondary default of a person authorized to practice securities activities occurs when the financial or administrative conditions of another person who keeps the funds…
When is a person authorized to engage in securities activities in a major default situation? What are the procedures that the authorized person and the Capital Markets Authority should take in this case? The concept of defaults It is the…
An investment portfolio is an account opened for a client with a company licensed to manage investment portfolios. It includes cash, securities, or other assets owned by the client. The investment portfolio is either a portfolio or managed by the…
What if the position of senior executives becomes vacant for a company that carries out securities activities in Kuwait, and the company does not start or delays from the appointed date for filling this position? The answer to this question…
Is it permissible for the clearing agency to impose penalties on any of its members in the event of its non-compliance with the rules of the clearing agency? The answer to this question is explained by the team of capital…
Is it permissible for the clearing agency to terminate the membership of one of its members? This question is answered by a securities attorney at Al-Rashed, Al-Hadlaq and Al-Roudan Group Advocates and Legal Consultants. According to the rules of the…
What information should stock companies provide to their regular clients? The client in the securities activities sector is the person to whom the securities companies provide or intend to provide the services of securities activities they are licensed to practise.…
The executive regulations of the law establishing the Capital Markets Authority and regulating securities activity required companies listed on the Kuwait Stock Exchange when forming the company’s board of directors that the board shall have a commensurate structure to the…
In accordance with the fifteenth book of the executive regulations of the law establishing the Capital Markets Authority and Regulating Securities Activity, the members of the board of directors of the company listed on the Kuwait Stock Exchange shall allocate…
Stakeholders in joint stock companies are everyone who has an interest with the company such as employees, creditors, suppliers, customers, agents, and service providers to companies. The rules of corporate governance contained in the executive regulations of the law establishing…
