The Kuwait Capital Markets Authority announced that it has submitted a report to the Attorney General regarding the occurrence of an alleged crime after a company licensed by the Authority, acting as a whistleblower, provided incorrect and misleading data to the regulator. The referral relates to the offence set out in Item (3) of Article (127) of Law No. 7 of 2010 on the establishment of the Capital Markets Authority and the regulation of securities activities, as amended.
Kuwait Capital Markets Authority submits report to Attorney General over alleged offence involving misleading data by a licensed company
The Kuwait Capital Markets Authority has referred a case to the Attorney General after a licensed company, acting as a whistleblower, submitted incorrect and misleading data. This referral pertains to an offence under Item (3) of Article (127) of Law No. 7 of 2010, as amended.