The Ministry of Commerce and Industry has issued a warning to all individuals and entities active in securities and financial markets in Kuwait, cautioning them against dealing with unlicensed companies involved in trading operations that violate local laws and regulations.
The Ministry emphasized the importance of due diligence and urged citizens and residents to verify the legitimacy of any financial institution before engaging in investment or trading activities. This can be done by visiting the Capital Markets Authority (CMA) website, where an updated list of licensed and approved companies is available to the public, reports Al-Jarida daily.
In its statement, the Ministry stressed that it is actively monitoring and cracking down on unlicensed and illegal financial operations, with the aim of protecting investors, maintaining market stability, and upholding the integrity of Kuwait’s financial system.
