• Salah Abdullah Al-attar - Editor-in-Chief

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Capital Market Authority: The Fourth Strategic Plan Represents a Pivotal Opportunity to Align Visions and Harmonize Aspirations..

CMA Chairman & CEO Emad Al-Tifouni stated that the Authority's fourth strategic plan represents a pivotal opportunity to align the Board of Commissioners' vision with the strategic direction for the upcoming phase (2027/2028 - 2030/2031).

In a Tuesday press release marking the launch of the planning process, Al-Tifouni emphasized the critical importance of institutional participation, noting that contributions from all regulatory units form the foundation for successful strategic planning. "Each unit's role extends beyond operational work to actively developing the Authority's functions and shaping plan components to create realistic strategies reflecting our ambitions," he added.

Al-Tifouni stressed the necessity of engagement from CMA leadership and all stakeholders to deliver the strategic plan outputs according to the approved timeline.

Ahmed Al-Ammmar, Head of the Fourth Strategic Plan Preparation Team, explained this initiative ensures continuity in implementing CMA's strategic direction through interconnected plans enabling seamless transition from current to new strategies without operational gaps.

"The CMA has initiated comprehensive stakeholder engagement with relevant entities to identify their expectations and needs for incorporation into strategic priorities, aligned with our mandate," Al-Ammmar noted. He announced plans for a public survey on the CMA website, with notifications to registered users on the e-portal, website banners, and social media platforms.

The Authority is currently consulting government entities about CMA's current and expected roles within national institutional frameworks, while also engaging professional and sectoral organizations to assess their requirements from the regulator.

The working team has commenced internal analysis by compiling perspectives from Board members, sector heads, and all organizational units, preparing to synthesize findings from both internal and external surveys. This will inform unified, realistic strategic ambitions reflecting both institutional and financial sector needs.

Al-Ammmar affirmed this planning process demonstrates CMA's belief in efficiently directing resources to enhance its regulatory capabilities, directly supporting Kuwait's national economy and contributing to its economic vision.

Since its establishment, the CMA has worked to develop legislative/regulatory frameworks, diversify investment instruments, strengthen investor confidence, institutionalize governance principles, and enhance market disclosure/transparency standards.