The State of Kuwait, represented by the Capital Markets Authority (CMA) and the Central Bank of Kuwait (CBK), will participate in the activities of the "World Investor Week Campaign" to be held during the period (October 4-11 of 2021) under the umbrella of the International Organization of Securities Commissions "IOSCO".
The Kuwaiti participation in the campaign’s activities emerge from the keenness of the local supervisory authorities on the active presence in the various activities of international organizations and their regional committees, which enables it to follow the latest developments and keep up with relevant global standards, which is positively reflected on the local economic reality, and reflects Kuwait’s position internationally.
This year's World Investor Week campaign is expected to highlight the importance of raising awareness on four main topics: frauds and scams prevention, sustainable finance, basics of investment, and online investing. It will also introduce the methods and instruments of successful awareness, not only at the level of investors, stakeholders and those interested in investment issues, but also for all segments of society, including youth, women, and future investors, especially in the various educational stages, starting with middle school and ending with university education. These issues are the core of the tasks and concerns of the CMA and the CBK, which recently started joint awareness-raising efforts on several issues aside from joint participation in the activities of this campaign.
Participation in the campaign activities includes broadcasting awareness messages in Arabic and English through various media, in addition to the social media accounts of these two regulatory bodies. As for the campaign messages, which vary in nature between messages specific to the international organization, and others that were the result of a joint preparation between the CMA and the CBK, it aims to raise awareness of those concerned with the financial sector in general, and the securities activities in particular, and focuses mainly on the topics of “frauds and scams prevention” and “sustainable finance.” Without neglecting the other two topics of the campaign related to the basics of investing and e-investing.
Finally, it should be noted that the International Organization of Securities Commissions "IOSCO", which is the supervisory authority on securities markets in the world and includes members from more than 100 countries in the world, has previously launched its unprecedented awareness initiative under the title "World Investor Week" for the first time in 2017, with the aim of raising the level of financial knowledge and enhancing the knowledge of capital market investors. Year after year, the activities of this initiative acquire more importance in exchange for its efforts to educate and protect investors, which is increasingly important in light of the conditions of instability in the global economic situation for nearly two years, as a result of the repercussions of the Corona virus pandemic and the precautionary measures to confront it.