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The Capital Markets Authority has issued Resolution 27/2025 to reinforce disclosure and transparency principles. This resolution emphasizes the responsibility of the disclosing party, holding them fully accountable for the accuracy of disclosed information. The move is part of the Authority’s ongoing efforts to enhance regulations governing securities activities.
The decision stipulates the addition of the following statement to Disclosure Appendices No. (7), (8), (10), (11), (12), and (14) of Book Ten (Disclosure and Transparency) within the Executive Regulations of Law 7/2010 as follows:
“The person issuing this disclosure bears full responsibility for the accuracy, completeness, and correctness of the information contained therein. They acknowledge having exercised due diligence to avoid any misleading, incorrect, or incomplete information.
Neither the Capital Markets Authority nor the Kuwait Stock Exchange shall bear any responsibility for the contents of this disclosure. Furthermore, they shall not be held liable for any damages that may be incurred by any individual as a result of publishing this disclosure, permitting its publication through their electronic systems or websites, or its use in any other manner”.
Source: Al Rai