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Kuwait

KW · KWT · Middle East & Africa

6 regulators · 15 laws & regulations · 4 obligations · 1 enforcement action

Obligation Timing Regulator Arises from Source Detail
All industries
Duty to report corruption and protection of whistleblowers — Nazaha Law No. 2 of 2016 on Establishing the Kuwait Anti-Corruption Authority and the Provisions on Disclosure of Assets and Liabilities source
Banking
Annual sustainability reporting by local banks Frequency Annually CBK CBK Circular No. (2/BS, IBS/500/2022) to All Local Banks regarding Sustainable Finance official
Capital Markets
AML/CFT reporting by CMA-licensed persons Deadline Immediately (Art. 1-5) CMA CMA Executive Bylaws, Book 16: Anti-Money Laundering and Countering Terrorist Financing official
Crypto / VDA
No virtual asset services: prohibition and customer risk warnings — CMA CMA Circular No. (10) of 2023 to All Financial Institutions and Specified Non-Financial Businesses and Professions on the Procedures Required for Transactions Associated with Virtual Assets official