The Capital Markets Authority (CMA) has begun preparations for its fourth strategic plan, focusing on shaping its future direction and supporting Kuwait’s national economy. The plan, set for fiscal years 2027/2028 to 2030/2031, will focus on enhancing the financial market’s development and boosting economic growth. The CMA started its preparations in early January, with the actual work, including assessing challenges and opportunities, scheduled to begin in the fiscal year 2025/2026.
The CMA aims to have a comprehensive and detailed executive plan by March 2026, ensuring alignment with both the authority’s objectives and global financial trends. By the end of fiscal year 2024/2025, the authority will have completed half of its current strategic plan. As of December 2024, 55% of the plan had been accomplished, with 40 out of 126 sub-initiatives successfully completed.
The authority’s progress reflects a commitment to high efficiency in strategic planning and task execution, with a particular focus on improving practices in line with the best international standards. This approach has contributed to tangible improvements in the local capital market, with the authority aiming to continue enhancing its competitiveness on both regional and global levels.
In another key development, the CMA introduced amendments to the rules governing the reconsideration of Disciplinary Board decisions. Resolution No. 37 of 2025 allows those penalized under securities laws to submit a reasoned request for reconsideration, ensuring more transparent and fair processes. The law now provides clear mechanisms for filing grievances and appeals, offering investors greater confidence in the legal framework.
By enhancing its regulatory role and aligning its strategies with the national economic vision, the CMA is committed to driving sustained growth in the financial market, supporting the broader goals of Kuwait’s economic development.
