The Kuwait Capital Markets Authority announced that it submitted a report to the Attorney General regarding an alleged offense under Item 2 of Article 63, punishable under Item 1 of Article 126 of Law No. 7 of 2010 and its amendments, in connection with carrying out investment adviser activity without obtaining the licenses required by the Authority.
Kuwait Capital Markets Authority refers alleged unlicensed investment advisory activity to the Attorney General
The Kuwait Capital Markets Authority has referred a report to the Attorney General concerning an alleged offense of conducting investment adviser activity without the required licence, under Item 2 of Article 63 of Law No. 7 of 2010 and its amendments. The alleged violation is punishable under Item 1 of Article 126 of the same law.