Lending and investment operations split in Kuwait

central-bank-of-kuwait

New regulations following the introduction of the new Capital Markets Authority in Kuwait mean investment companies need to apply for new licences if they conduct both lending and investment functions.

In an effort to eliminate regulatory overlap between the central bank and the newly formed Capital Markets Authority, investment firms will need separate licences from the different authorities to operate their lending and investment businesses.

The change is the next step in the country's plan to

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