«KAMCO»: the need to strengthen regulations Sukuk and bonds with the laws of «Markets Authority»
1 12 2015



«KAMCO»: the need to strengthen regulations Sukuk and bonds with the laws of «Markets Authority»

Discussed in the seminar «opportunities in corporate debt markets» Activity «bonds and instruments»
Jreverta: new laws will contribute to improve the prospects for companies to finance capital market
Hosted KAMCO Investment Company, an economic seminar under the title «opportunities for companies in the debt markets», organized by the Gulf Society for bonds and instruments (GBSA), in order to pave the way for further activity in the issuance of bonds and sukuk market, in conjunction with the unveiling of new regulations that have been announced recently by the Kuwaiti capital markets Authority (CMA).

On this occasion, Chief Executive Officer said in KAMCO Investment Faisal Sarkhou «The hosting such events reflects our role as a leader in the local and regional market in shedding light on important economic issues in the formation of local investment map companies.»

He added: «The KAMCO always eager to support and care for a number of conferences, seminars, called by many analysts and international experts, in order to create value-added benefit of investors and professionals and concerned various areas of investment».

This, Sarkhou delivered the opening speech of the seminar, stressing the need to pay attention to the importance of debt markets and ways to strengthen frameworks and regulations related to the issuance of bonds and instruments locally along with the Kuwaiti capital markets laws body.
For his part, President of the Association of the Gulf of bonds and instruments Jreverta Michael said: «a very small number of companies have benefited from bond issues and instruments in the markets in order to diversify its business and expand their investor base».

He noted in this regard, that the new laws passed in this regard in turn will give more certainty about the ways of the application, and will contribute to improve the prospects for companies to finance the capital market.

The «applaud the hard work put the team in the Capital Markets Authority and appreciate the initiative and willingness to consult with the workers in the market in order to activate these systems, and we are proud of the role we have done in order to develop».


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