Resolution No. (25) of 2013 of the CMA Board of Commissioners Concerning Issuing Corporate Governance Regulations for Companies Regulated by Capital Markets Authority
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This code was produced by: Capital Markets Authority (CMA), Kuwait
The requirements of regulating the activities of securities in a fair, competitive and transparent manner impose the importance of setting out sound corporate governance regulations, which shall regulate the relationship between the shareholders, the Board of Directors, and the executive management in shareholding companies. This provides better security for shareholders' rights and prevents manipulation, corruption and mismanagement.