Regulatory Alerts2022-07-07
Nomination for the Position of Chief Executive Officer, Deputy or Assistant at Credit Information Company
The Central Bank of Kuwait requires credit information companies to submit a standardized nomination form for individuals appointed as Chief Executive Officer, Deputy, or Assistant. The document mandates detailed disclosures of the nominee’s academic qualifications, relevant banking or financial work history, and current professional activities. It further enforces strict legal declarations regarding criminal convictions, bankruptcy status, and potential conflicts of interest to ensure compliance with Article 258 of the Penal Code.
Share