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CMA outlines rules for investment dealings with 'former Kuwaiti citizens'
CMA outlines rules for investment dealings with 'former Kuwaiti citizens'

Arab Times

timea day ago

  • Business
  • Arab Times

CMA outlines rules for investment dealings with 'former Kuwaiti citizens'

KUWAIT CITY, July 29: The Capital Markets Authority (CMA) has issued Circular No. 20 of 2025, outlining key regulations for dealing with individuals whose Kuwaiti citizenship has been revoked under the "Noble work" clause of Article 5 of Amiri Decree No. 15 of 1959, which governs the Kuwaiti Nationality Law. The circular, addressed to all licensed entities and authorized persons, follows the Ministry of Interior's statement issued on July 10, which detailed the legal status, residency rules, and restricted rights applicable to those affected by this category of citizenship revocation. According to the CMA, the objective of the circular is to ensure full compliance with the legal and regulatory frameworks that govern the treatment of such individuals, particularly within the investment and financial sectors. The Authority emphasized the importance of adjusting internal policies accordingly to avoid violations. Key regulatory measures The circular highlighted main controls that authorized entities must follow: Revoked Individuals Not Considered Kuwaitis: Anyone whose citizenship has been withdrawn under the 'Noble work' clause will no longer be considered a Kuwaiti citizen to implement CMA laws and regulations. Such individuals will also lose eligibility for rights and benefits granted to Kuwaiti citizens once the grace period granted by the Ministry of Interior expires. Verification of Legal Status: All authorized persons must verify the legal status and valid residency of clients affected by the Amiri Decree. This includes examining official documents confirming their status post-citizenship revocation. For decrees issued before July 20, 2025, the four-month grace period begins from that date. For future cases, the grace period will begin from the date of issuance of each new revocation decree. Review and Update of Client Records:: In the case of existing investment transactions or business relationships with affected individuals, their legal status must be reviewed and updated to ensure alignment with current legal and regulatory frameworks during the status adjustment period. Additionally, the CMA advised that if any licensed person seeks official clarification on a client's status, they should contact the Article Eight Affairs Office at the Ministry of Interior, which is the competent authority responsible for determining applicable benefits and procedures in these cases. The Authority stressed the necessity for full adherence to applicable legislation and related decrees concerning citizenship revocation. It urged licensed firms and individuals to revise their internal compliance policies to avoid unauthorized dealings or regulatory breaches. This move reflects Kuwait's broader efforts to ensure legal clarity and institutional alignment in handling sensitive nationality-related cases within the country's financial and investment sectors.

Kuwaiti Citizenship Revoked for Acquiring Foreign Nationality
Kuwaiti Citizenship Revoked for Acquiring Foreign Nationality

Arab Times

time10-07-2025

  • Politics
  • Arab Times

Kuwaiti Citizenship Revoked for Acquiring Foreign Nationality

KUWAIT CITY, July 10: The Kuwaiti Supreme Committee for Nationality Investigation has issued a decision to revoke the citizenship of five individuals. The decision was published on Thursday in a special supplement of the official gazette, Kuwait Today. It was issued under Article 11 of Amiri Decree No. 15 of 1959, which governs the Kuwaiti Nationality Law and its subsequent amendments. The relevant article clearly states that "a Kuwaiti national shall lose their citizenship if they voluntarily acquire a foreign nationality."

Amendments to Kuwaiti Nationality Law set for approval soon
Amendments to Kuwaiti Nationality Law set for approval soon

Zawya

time08-07-2025

  • Politics
  • Zawya

Amendments to Kuwaiti Nationality Law set for approval soon

The Kuwait government moves to strengthen safeguards in the Nationality Law. KUWAIT CITY, July 7: Amendments to several articles of the Kuwaiti Nationality Law are expected to be approved soon as part of the government's ongoing efforts to safeguard the national identity from any tampering, according to a report by Al-Qabas newspaper. A government source confirmed that the proposed changes are currently under review by the Council of Ministers, with approval anticipated in the near future. The source emphasized that the Supreme Committee for Investigating Kuwaiti Citizenship works daily to scrutinize all citizenship documents without exception, aiming to identify any violators or forgers. The investigation process is ongoing and closely supervised by First Deputy Prime Minister and Minister of Interior Sheikh Fahad Al-Yousef, who has issued strict directives to arrest anyone found to have obtained citizenship through manipulation, fraud, or forgery. In a related update, the source revealed that approximately 29,000 individuals have filed grievances with the Cabinet's Grievance Committee concerning the withdrawal, revocation, or loss of Kuwaiti citizenship. Established by the Cabinet on March 11, the Grievance Committee for Withdrawal, Revocation, and Loss of Kuwaiti Citizenship is headed by Counselor Ali Al-Dhubaibi. The committee operates 24/7, including official holidays, ensuring that all complainants have easy and convenient access to submit their grievances. Additionally, the committee provides assistance to individuals encountering difficulties in submitting grievances through the electronic portal by offering support via designated contact numbers. The formation of this committee reflects the government's commitment to transparency and fairness, offering a platform for those affected by citizenship decisions to have their grievances heard and thoroughly examined. Arab Times | © Copyright 2024, All Rights Reserved Provided by SyndiGate Media Inc. (

Amendments to Kuwaiti Nationality Law set for approval soon
Amendments to Kuwaiti Nationality Law set for approval soon

Arab Times

time07-07-2025

  • Politics
  • Arab Times

Amendments to Kuwaiti Nationality Law set for approval soon

KUWAIT CITY, July 7: Amendments to several articles of the Kuwaiti Nationality Law are expected to be approved soon as part of the government's ongoing efforts to safeguard the national identity from any tampering, according to a report by Al-Qabas newspaper. A government source confirmed that the proposed changes are currently under review by the Council of Ministers, with approval anticipated in the near future. The source emphasized that the Supreme Committee for Investigating Kuwaiti Citizenship works daily to scrutinize all citizenship documents without exception, aiming to identify any violators or forgers. The investigation process is ongoing and closely supervised by First Deputy Prime Minister and Minister of Interior Sheikh Fahad Al-Yousef, who has issued strict directives to arrest anyone found to have obtained citizenship through manipulation, fraud, or forgery. In a related update, the source revealed that approximately 29,000 individuals have filed grievances with the Cabinet's Grievance Committee concerning the withdrawal, revocation, or loss of Kuwaiti citizenship. Established by the Cabinet on March 11, the Grievance Committee for Withdrawal, Revocation, and Loss of Kuwaiti Citizenship is headed by Counselor Ali Al-Dhubaibi. The committee operates 24/7, including official holidays, ensuring that all complainants have easy and convenient access to submit their grievances. Additionally, the committee provides assistance to individuals encountering difficulties in submitting grievances through the electronic portal by offering support via designated contact numbers. The formation of this committee reflects the government's commitment to transparency and fairness, offering a platform for those affected by citizenship decisions to have their grievances heard and thoroughly examined.

75% Surge In Kuwaiti-to-Kuwaiti Marriages After Nationality Law Amendment
75% Surge In Kuwaiti-to-Kuwaiti Marriages After Nationality Law Amendment

Arab Times

time02-06-2025

  • Politics
  • Arab Times

75% Surge In Kuwaiti-to-Kuwaiti Marriages After Nationality Law Amendment

KUWAIT CITY, June 2: The amendment of some provisions of the Amiri Decree on the Kuwaiti Nationality Law – which aims to strengthen national identity, maintain public order and abolish Article Eight stipulating that the marriage of a foreign woman to a Kuwaiti man does not entail her becoming a Kuwaiti – has led to a 75 percent increase in the number of Kuwaiti women marrying Kuwaiti men and a lower rate of foreign marriages. The newspaper obtained a copy of the recent statistics issued by the Department of Legal Documentation at the Ministry of Justice, indicating that the number of marriages between Kuwaiti men and Kuwaiti women reached 2,916 from the beginning of January until the end of April 2025. The statistics showed that 332 Kuwaiti men got married to non-Kuwaiti women, 133 Kuwaiti women got married to non-Kuwaitis, 44 Kuwaiti men got married to Bedouns and 10 Kuwaiti women got married to Bedouns. In addition, the number of divorces between Kuwaiti husbands and Kuwaiti wives reached 1,419; while the number of divorces between Kuwaiti husbands and non-Kuwaiti wives reached 332, and 141 Kuwaiti women were divorced from non-Kuwaiti men. Moreover, a statistical analysis of the achievements of the Sharia Documentation Department in April 2025 revealed that the number of documented marriages, by nationality, reached 1,149. The rate of marriages where both spouses are Kuwaiti nationals was 75 percent, while the percentage of marriages where both spouses are non-Kuwaiti nationals was 13.4 percent. The rate of marriages where the husband is Kuwaiti and the wife is non-Kuwaiti was 8.4 percent, while the percentage of marriages where the husband is non-Kuwaiti and the wife is Kuwaiti was 3.2 percent of the total marriages. The total number of documented authentication cases by nationality of husband and wife reached 117. The rate of documented authentication cases in which both spouses are Kuwaiti citizens was 4.3 percent, while the percentage of documented authentication cases in which both spouses are non-Kuwaiti citizens was 29.9 percent. The rate of documented authentication cases in which the husband is Kuwaiti and the wife is non-Kuwaiti was 60.7 percent, while the percentage of documented authentication cases in which the husband is non-Kuwaiti and the wife is Kuwaiti was 5.1 percent. The total number of documented divorces by nationality of the husband and wife was 754. The percentage of documented divorces in which both spouses are Kuwaiti citizens was 59.1 percent, while the percentage of divorces in which both spouses is non-Kuwaiti citizens was 18.4 percent. The rate of divorces in which the husband is Kuwaiti and the wife is non-Kuwaiti was 15.9 percent, while the percentage of divorces in which the husband is non-Kuwaiti and the wife is Kuwaiti was 6.5 percent.

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