Kuwait: requirements for obtaining approval of a private placement memorandum from the Capital Markets Authority
In February 2010, the Kuwait government passed new laws and regulations related to the activities of securities in Kuwait, namely Law No. 7 of 2010 (the Law No. 7) and Executive Bylaws for Law No. 7 of 2010 Concerning Establishment of the Capital Markets Authority and Organization of Securities Activity (the CMA Bylaws, collectively the Capital Markets Law). […]