The Chartered Institute for Securities & Investment (CISI) has developed the Kuwait Capital Markets Authority Rules and Regulations in collaboration with the Kuwait Capital Markets Authority (CMA). This program provides candidates with a high-level overview and understanding of the CMA rules and regulations that govern the firms and the employees within the CMA and effectively prepares them for the exam. During the program, candidates will be given practice questions and mock exams to successfully prepare them for the exam.
Why study for this certificate?
- The qualification is a regulatory requirement by the Capital Market Authority for a number of job functions within financial services in Kuwait.
- In CISI’s qualification pathway, it can be taken as a stand-alone certificate or part of one of the CISI’s qualifications.
- Candidates become associated with the rules and regulations of the financial industry in Kuwait.
Who should study for this certificate?
Individuals who want to be in Registered Employee Positions in Kuwait CMA should take this “Mandatory” regulatory qualification.
CMA Mandated Job Functions:
- Compliance Officer
- Risk Management Officer/Internal Audit Officer
- Sharia Audit Officer
- Securities Broker
- Qualified Securities Broker
- Investment Advisor
- Investment Portfolio Manager
- Collective Investment Scheme Manager
- Investment Controller
- Subscription Agent
- Market Maker
- Senior Investment Advisor
Learning Outcomes
- Participants will gain an overview of the investment industry with a specific focus on wealth and investment management
- Participants will gain an understanding of ethical conduct and market integrity in relation to the investment industry
- Participants will gain an overview of all the areas of wealth management
- Participants will gain an overview of various private banking principles and products
Exam Details
The CISI CMA Kuwait Rules and Regulations exam consists of 75 questions (multiple choice) that needs to be completed in 1.5 hours.
Passing Grade: 70%
The question weightage is as follows:
- Regulatory Structure – 8 questions
- Securities Exchanges and Clearing Agencies – 4 questions
- Licensed Persons and Registered Persons – 8 questions
- Clients Funds’ and Clients Assets’ – 8 questions
- Conduct of Business – 8 questions
- Mergers and Acquisitions – 3 questions
- Disclosure and Transparency – 6 questions
- Dealing in Securities – 5 questions
- Listing Rules – 6 questions
- Collective Investment Schemes – 5 questions
- Market Integrity – 8 questions
- Corporate Governance – 6 questions
Chapter 1: Regulatory Structure
- The Capital Markets Authority
- Boards and Committees of the Authority
- Right to Request Information, Supervision, and Inspection
- Judicial Officers
- Crimes and Penalties
- Reporting Violations and Crimes
- Investigation
- Disciplinary Penalties
Chapter 2: Securities Exchanges and Clearing Agencies
- Securities Exchanges
- Clearing Agencies
Chapter 3: Licensed Persons and Registered Persons
- Licensed Securities Activities
- The Sharia Supervisory System
- Registered Persons
- Policies and Procedures for Licensed Persons
- Risk Management
- Clients’ Complaints
- Business Continuity
- Risk Management
- Clients’ Complaints
- Business Continuity
Chapter 4: Clients ‘Funds and Clients’ Assets
- Definitions and Requirements
- Rules of Securities Investment Portfolios
- Reporting Systems
- General Requirements and Controls -Investment Portfolio Management
- Default Events
Chapter 5: Conduct of Business
- General Provisions
- Client Categorization
- Conflicts of Interest
- Best Execution of Client Orders
- Clients Records
- Financial Promotions
- Investment Research
Chapter 6: Mergers & Acquisitions
- Mergers
- Acquisitions
- Mergers
- Acquisitions
Chapter 7: Disclosure & Transparency
- Obligations for Listed Companies and Exchanges
- Disclosure of Interests
- Insiders
- Disclosure of Material Information
Chapter 8: Dealing in Securities
- Issuing and Offering Securities
- Subscription Procedures
- Allocation and Registration
- Trading in Securities
- Rules of Sukuk
- Rules of Bonds
- Preferred Shares
- Treasury Shares
Chapter 9: Listing Rules
- Listing Applications
- Listing Shares of Shareholding Companies
- Listing Shares of Kuwaiti Companies in Exchanges Outside the State of Kuwait
- Delisting of Shares of Shareholding Companies
- Listing of Bonds and Sukuk
Chapter 10: Collective Investment Schemes
- General Provisions
- Funds
- Service Providers
- Marketing and Selling Units
- Valuation, Subscription and Redemption
- Restrictions and Controls
- Reporting Requirements
- Unitholders Assembly and Ending of a Fund
- Contractual Collective Investment Schemes
Chapter 11: Market Integrity
- Insider Trading
- Fraud and Manipulation in the Exchange
- Anti-Money Laundering and Combating Financing of Terrorism
- Client Records
- Suspicious Transactions Reporting
- Continuing Obligations
Chapter 12: Corporate Governance
- Corporate Governance Role
- Regulatory Requirements
- Constructing a Balanced Board
- Appropriate Roles and Responsibilities
- Safeguarding the Integrity of Financial Reporting
- Sound Systems of Risk Management and Internal Audit
- Ethical Standards
- Disclosure and Transparency
- Stakeholders
Fee Per participant
USD 750
Fees + VAT is applicable
Dates & Times
2024
Language: English
- Overview
-
The Chartered Institute for Securities & Investment (CISI) has developed the Kuwait Capital Markets Authority Rules and Regulations in collaboration with the Kuwait Capital Markets Authority (CMA). This program provides candidates with a high-level overview and understanding of the CMA rules and regulations that govern the firms and the employees within the CMA and effectively prepares them for the exam. During the program, candidates will be given practice questions and mock exams to successfully prepare them for the exam.
Why study for this certificate?
- The qualification is a regulatory requirement by the Capital Market Authority for a number of job functions within financial services in Kuwait.
- In CISI’s qualification pathway, it can be taken as a stand-alone certificate or part of one of the CISI’s qualifications.
- Candidates become associated with the rules and regulations of the financial industry in Kuwait.
Who should study for this certificate?
Individuals who want to be in Registered Employee Positions in Kuwait CMA should take this “Mandatory” regulatory qualification.
CMA Mandated Job Functions:
- Compliance Officer
- Risk Management Officer/Internal Audit Officer
- Sharia Audit Officer
- Securities Broker
- Qualified Securities Broker
- Investment Advisor
- Investment Portfolio Manager
- Collective Investment Scheme Manager
- Investment Controller
- Subscription Agent
- Market Maker
- Senior Investment Advisor
Learning Outcomes
- Participants will gain an overview of the investment industry with a specific focus on wealth and investment management
- Participants will gain an understanding of ethical conduct and market integrity in relation to the investment industry
- Participants will gain an overview of all the areas of wealth management
- Participants will gain an overview of various private banking principles and products
Exam Details
The CISI CMA Kuwait Rules and Regulations exam consists of 75 questions (multiple choice) that needs to be completed in 1.5 hours.
Passing Grade: 70%
The question weightage is as follows:
- Regulatory Structure – 8 questions
- Securities Exchanges and Clearing Agencies – 4 questions
- Licensed Persons and Registered Persons – 8 questions
- Clients Funds’ and Clients Assets’ – 8 questions
- Conduct of Business – 8 questions
- Mergers and Acquisitions – 3 questions
- Disclosure and Transparency – 6 questions
- Dealing in Securities – 5 questions
- Listing Rules – 6 questions
- Collective Investment Schemes – 5 questions
- Market Integrity – 8 questions
- Corporate Governance – 6 questions
- Course Outline
-
Chapter 1: Regulatory Structure
- The Capital Markets Authority
- Boards and Committees of the Authority
- Right to Request Information, Supervision, and Inspection
- Judicial Officers
- Crimes and Penalties
- Reporting Violations and Crimes
- Investigation
- Disciplinary Penalties
Chapter 2: Securities Exchanges and Clearing Agencies
- Securities Exchanges
- Clearing Agencies
Chapter 3: Licensed Persons and Registered Persons
- Licensed Securities Activities
- The Sharia Supervisory System
- Registered Persons
- Policies and Procedures for Licensed Persons
- Risk Management
- Clients’ Complaints
- Business Continuity
- Risk Management
- Clients’ Complaints
- Business Continuity
Chapter 4: Clients ‘Funds and Clients’ Assets
- Definitions and Requirements
- Rules of Securities Investment Portfolios
- Reporting Systems
- General Requirements and Controls -Investment Portfolio Management
- Default Events
Chapter 5: Conduct of Business
- General Provisions
- Client Categorization
- Conflicts of Interest
- Best Execution of Client Orders
- Clients Records
- Financial Promotions
- Investment Research
Chapter 6: Mergers & Acquisitions
- Mergers
- Acquisitions
- Mergers
- Acquisitions
Chapter 7: Disclosure & Transparency
- Obligations for Listed Companies and Exchanges
- Disclosure of Interests
- Insiders
- Disclosure of Material Information
Chapter 8: Dealing in Securities
- Issuing and Offering Securities
- Subscription Procedures
- Allocation and Registration
- Trading in Securities
- Rules of Sukuk
- Rules of Bonds
- Preferred Shares
- Treasury Shares
Chapter 9: Listing Rules
- Listing Applications
- Listing Shares of Shareholding Companies
- Listing Shares of Kuwaiti Companies in Exchanges Outside the State of Kuwait
- Delisting of Shares of Shareholding Companies
- Listing of Bonds and Sukuk
Chapter 10: Collective Investment Schemes
- General Provisions
- Funds
- Service Providers
- Marketing and Selling Units
- Valuation, Subscription and Redemption
- Restrictions and Controls
- Reporting Requirements
- Unitholders Assembly and Ending of a Fund
- Contractual Collective Investment Schemes
Chapter 11: Market Integrity
- Insider Trading
- Fraud and Manipulation in the Exchange
- Anti-Money Laundering and Combating Financing of Terrorism
- Client Records
- Suspicious Transactions Reporting
- Continuing Obligations
Chapter 12: Corporate Governance
- Corporate Governance Role
- Regulatory Requirements
- Constructing a Balanced Board
- Appropriate Roles and Responsibilities
- Safeguarding the Integrity of Financial Reporting
- Sound Systems of Risk Management and Internal Audit
- Ethical Standards
- Disclosure and Transparency
- Stakeholders
- Schedule & Fees
-
Fee Per participant
USD 750
Fees + VAT is applicable
Dates & Times
2024
Language: English