Business

Boursa Kuwait today introduced the conclusion of its public consultation on the main 'Over-the-counter' Trading (OTC) Rulebook, which was submitted into the company's website. Throughout the appointment period, Boursa Kuwait obtained positive feedback from stakeholders, which will contribute to the advancement of the draft and guarantee that it is lined up with market needs, due to its relevance in regulating the trading of numerous unlisted companies.

Mr. Khaled AlKhaled, Vice Chairman and Chief Executive Officer of Boursa Kuwait said: " Boursa Kuwait is keen to deal with all existing firms in a transparent and lawful fashion, whether they are unpublished or lawfully withdrawn or gotten rid of from the stock market.

AlKhaled highlighted that a marked team is currently evaluating and combining the responses and comments gotten from different stakeholder teams such as investors and mediators, based upon which details areas will be edited. Boursa Kuwait will after that share the draft with the Capital Markets Authority(CMA) for authorization, prior to officially releasing the final version.

" I want to extend my thanks to all those who joined this workout, which shows our continuous transparent approach in all our operations."

Following the consultation and clearance by the Funding Markets Authority (CMA), Boursa Kuwait will release the Rulebook in.PDF kind on the Boursa Kuwait website
( www.boursakuwait.com.kw) for downloading.
To learn more regarding Boursa Kuwait, please visit www.boursakuwait.com.kw or
e-mail info@boursakuwait.com.kw.

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