CMA eases reporting rules for single-person securities firms
The Capital Markets Authority has announced an exemption allowing single-person companies licensed to conduct securities activities to be relieved from submitting quarterly financial reporting forms, as part of ongoing efforts to modernize regulatory frameworks and align with international best practices.
In an official circular, the authority clarified that the exemption is procedural in nature and does not limit its right to request financial reports in the future whenever necessary to maintain effective oversight and supervision of market activities.
The CMA also confirmed that any previous provisions inconsistent with the new directive have been officially cancelled, ensuring regulatory alignment and clarity across all licensed entities.
Officials stated that the decision follows a comprehensive review of compliance requirements applied to licensed persons, aimed at improving efficiency while maintaining strong supervisory standards within Kuwait’s capital markets.
